$SOL at Critical Support within Falling Wedge 📈
Trading Plan (Long bias) $SOL:
•Entry: $124–127
•SL: $118
•TP1: $138
•TP2: $152
•TP3: $168
Analysis:
$SOL is currently within a falling wedge pattern, actively testing its lower boundary. We observe a clear deceleration in downside momentum and a noticeable fading of sell pressure. This behavior often precedes a potential bottoming phase. ⚡
For this bullish thesis to remain valid, price must firmly hold the $120–$125 zone and establish a higher low on lower timeframes. If these conditions are met, the probability shifts towards a range squeeze, targeting the wedge resistance. 🔥
Invalidation:
A decisive break and sustained loss of $118, especially accompanied by strong volume, would invalidate this bullish thesis. 🚨
(SOLUSDT)
