$SOL
Solana just tricked the #sellers ! Many people thought the price would drop further, but instead, it suddenly shot up.
it's just invalidated double bottom and took sharp bull move.
By jumping above $86.60, Solana turned an old "ceiling" into a new "floor." Now, everyone is watching the $92 mark. As long as the price stays above $85, the buyers are in charge.
The best move now is to be patient and wait for the price to dip slightly to that new "floor" before jumping in. 🚀
The Strategy: The "Retest" Entry
Chasing the price at $89.15 is risky because you are buying right under the $90.53 resistance. The best entries happen when the price "breathes" back to support.
Entry Zone: $86.00 – $86.80 (Wait for a pullback to this area).
Best Time to Enter: Monitor the 1-hour timeframe. If SOL drops to $86.50 and prints a "Hammer" candle or a strong bullish engulfing candle, that is your trigger.
Take Profit 1 (TP1): $90.50 (Local Resistance).
Take Profit 2 (TP2): $94.80 (Next major liquidity gap).
Stop Loss (SL): $83.50 (Below the most recent 4h higher low).