šØ Attention Crypto Community! šØ
Focus your attention on $SOL. It's currently positioned at a significant higher timeframe (HTF) demand zone.
This area has historically shown strength, with smart money stepping in previously to drive substantial upward movements. The current market structure appears to be repeating a pattern: pressure downwards, a liquidity sweep, followed by a potential reversal.
š Potential Future Targets:
* 150 ā 155: First recovery zone.
* 180 ā 200: Mid-cycle resistance.
* 230 ā 260: Major upside expansion zone.
š Risk Side if Demand Fails:
A break below 125 ā 120 would weaken the current structure and likely delay any upside potential.
š” Market Logic:
The long-term chart structure still suggests a bounce from this demand zone. This is considered a build zone, not an area for chasing prices.
š Momentum Confirmation:
Real momentum is expected to kick in once $SOL reclaims the 150+ level with significant volume.
Patience is key. Smart money often accumulates during periods of fear, not hype. Let the defined levels guide your decisions, as $SOL is at a critical decision point.
