This structure is clean, a textbook case of accumulation before the next major leg up. Look closely at the chart. The bearish momentum that drove the price down is completely exhausted, evident by the consistently dying volume throughout this consolidation phase. We're now seeing a clear bullish divergence forming on the momentum oscillators; as the price retests this solid support floor, the RSI is quietly making higher lows, signaling a powerful shift in underlying strength. This coil is getting tighter, and a massive expansion with exploding volume is imminent. This is the phase where smart traders win big.
For clear execution:
Entry: 123.50
Target 1: 147.20
Target 2: 165.80
Target 3: 188.00
SL: 119.50
SOLUSDT
Prep
127.03
+1.92%