SOL is coiling up at the 84 level, with a clear sweep of the FVG (Fair Value Gap) zone, and I'm expecting a sharp move upwards any moment now. The bulls are still firmly in control, with the higher time frames showing a strong bullish trend. The RSI is currently at 48, indicating that we're not overbought just yet, and the volume is slightly below average at 0.8x, which could be a sign that we're due for a volatility injection.
From a technical perspective, we're seeing a beautiful OB+FVG Sandwich zone setup, which is a high-probability long area. The SMC Score is at 4.0/10, indicating that the smart money is starting to accumulate. We've got a clear entry at 84.12, and I'm watching for sweeps of the low 84s to confirm the long.
Here are the trade levels:
- Entry: 84.12
- TP1: 85.213 (RR 2.8x)
- TP2: 86.852 (RR 7.0x)
- SL: 83.732
I'm long $SOLUSDT, targeting 85.213 and 86.852, with a stop at 83.732. If you're following along, make sure to keep your position size in check and don't overleverage. Let's ride this wave together!
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