**Solana's Consolidation Period šŸ•’**

$SOL is currently in a consolidation phase on the H4 chart, with its dynamic EMA(50) support at $134.64 being closely watched.

**Identifying Support Levels šŸ“Š**

The recent price action suggests that the $131.5 area could be a short-term bottom, while the RSI hovers around 45-50, indicating equilibrium after the correction.

**Historical Demand Zones āš”ļø**

The $128 - $131 zone has historically been a strong demand area for SOLUSDT, making it an important level to watch in the current market landscape.

**Trade Setup šŸ“ˆ**

To take advantage of this consolidation period, consider using a long position with the following setup:

* Entry Zone: 131 - 134

**Take Profit Targets šŸŽÆ**

Set your take profit targets at:

šŸŽÆ TP1: 138
šŸŽÆ TP2: 141
šŸŽÆ TP3: 144

**Stop Loss and DCA Strategy ā›”ļø**

Place a stop loss at 122, below the critical demand zone of $125 - $127. If the price breaks this level, it could invalidate the medium-term bullish trend.

If the price drops to $125 - $128, consider implementing an Average Down (DCA) strategy to average down your costs and increase potential returns on investment.

$LUNA, $JUV , $SOMI .