Been watching this $101–$104 demand shelf closely while the market tries to fade the breakout...
𝗦𝗢𝗟/𝗨𝗦𝗗𝗧 (𝗟𝗢𝗡𝗚)
• 𝗘𝗻𝘁𝗿𝘆: 101.50 – 104.00
• 𝗧𝗮𝗿𝗴𝗲𝘁 𝟭/𝟮/𝟯: 109.50 / 116.00 / 125.00
• 𝗦𝘁𝗼𝗽 𝗟𝗼𝘀𝘀: 96.80
SOL is completing a text-book retest of the 101.50–104.00 former resistance-turned-support zone after a clean daily breakout above the multi-week accumulation range. 4H sell volume has dropped off sharply during this pullback, confirming that large participants are absorbing supply rather than initiating distribution. Both 1D and 4H timeframes agree on structural continuation, setting up a push to clear the 109.50 local high before expanding into the 116.00 and 125.00 macro liquidity pools.
A 4H close below 96.80 breaks the daily breakout structure and invalidates the setup; acceptance above 108.00 confirms expansion toward the higher targets.
$SOL
𝗦𝗢𝗟/𝗨𝗦𝗗𝗧 (𝗟𝗢𝗡𝗚)
• 𝗘𝗻𝘁𝗿𝘆: 101.50 – 104.00
• 𝗧𝗮𝗿𝗴𝗲𝘁 𝟭/𝟮/𝟯: 109.50 / 116.00 / 125.00
• 𝗦𝘁𝗼𝗽 𝗟𝗼𝘀𝘀: 96.80
SOL is completing a text-book retest of the 101.50–104.00 former resistance-turned-support zone after a clean daily breakout above the multi-week accumulation range. 4H sell volume has dropped off sharply during this pullback, confirming that large participants are absorbing supply rather than initiating distribution. Both 1D and 4H timeframes agree on structural continuation, setting up a push to clear the 109.50 local high before expanding into the 116.00 and 125.00 macro liquidity pools.
A 4H close below 96.80 breaks the daily breakout structure and invalidates the setup; acceptance above 108.00 confirms expansion toward the higher targets.
$SOL
