$SOL I’m interested here because the wick into 143.21 looks like a quick liquidity sweep, and the bounce back to 144.20 suggests buyers are still defending the range.

Market read

On the 15m chart, price topped around 146.00, then we saw a sharp drop that stabbed into 143.21 and immediately bounced. That kind of move is usually a shakeout, it grabs stops under the range and then snaps back when selling dries up. Now we’re hovering near 144.20. The key is simple, as long as price holds above 143.2 to 143.7, the market can rotate back to the mid range and challenge the recent highs again. If it breaks below 143.2 and starts closing under it, then the sweep turns into breakdown.

Entry point

EP1 143.70 to 144.10 (dip entry after the bounce, best risk)

EP2 144.90 to 145.20 (only if price reclaims the mid level and holds)

Target point

TP1 145.53

TP2 146.00

TP3 148.44

Stop loss

SL 142.95 (below 143.21 low, invalidation level)

How it’s possible

The dip into 143.21 likely cleared weak longs, then buyers stepped in and reclaimed 144 quickly. If buyers keep defending 143.70 to 144.10, price can grind back to 145.53 first. A clean move above 145.53 usually opens a retest of 146.00, and if momentum returns with continuation, 148.44 becomes the next liquidity target above the range.

Let’s go and Trade now $SOL