1h TF. #SOL The asset is trading in the support zone of 121-124$, which was previously a major accumulation and demand area. The market structure shows signs of a reversal. On lower timeframes, CHoCH and BOS are visible, indicating a possible beginning of an uptrend.
It is important to monitor the resistance range of 132-134$, where liquidity and the Order block are located. A breakout of this level will confirm a bullish scenario. Volumes at local minima are increasing, which also indicates buyer interest.
Take profits:
- TP1: 132.12$ — the nearest resistance zone.
- TP2: 137.74$ — liquidity level.
- TP3: 146.80$ — key sales zone.
Open a deal 👇$SOL
SOLUSDT
Perp
122.95
+0.27%