$SOL
- I expect SOLUSDT to range a bit more, but a sweep of either the most recent low (125.28) or high (130.20) will likely set the next directional move.
- If price dips into the 125.28-124.68 demand area and shows strong bullish confirmation (such as a clear bullish engulfing or lower timeframe reversal pattern), consider a long with entry near 125.40, aiming for 129.58 and then potentially 130.94 as take-profit targets. Place stop-loss below the swing low of the move.
If price spikes above 130.20 and quickly rejects, look for a short entry around 130.10-confirmation could be a bearish pin bar, a break of structure, or momentum loss on the 15m/5m chart.
Targets would be 127.00, then 125.28, with stop-loss above the swing high.
Wait for clear confirmation before entry! For longs: look for signs like a bullish engulfing candle, a clear pin bar, or reversal on lower timeframes at the demand zone. For shorts: watch for a liquidity sweep above the high #solana #sol #CryptoPatience
