$SOL has completely changed the character on this 4H chart. After spending weeks chopping around the $72–$82 area, the price finally broke out aggressively and pushed all the way toward $110.
That move was not a small recovery; it could be a signal for something big. The chart basically gives two scenarios:
$100–$102 holds → bullish continuation → $110 → $115 → $120
$98 breaks → bearish correction → $94 → $90 → potentially $84–82
So for me, $100 is the sand. Above it, I want to stay patient for continuation. Below it, I would stop forcing the bullish narrative.
➡️Long setup:
•Entry zone: $102–$104
Aggressive entry: $105–$106 after confirmation
• SL: below $98
• TP1: $110
• TP2: $114–$116
• TP3: $120+
➡️Short setup:
• Entry: $98–$100 after failed reclaim
• SL: above $103–$105
• TP1: $94
• TP2: $90
• TP3: $84–$82
For now, it will be wise to be patience & wait instead of predicting the next candle. The price action will tell us. And always DYOR before making any entry. #Solana #Macro Insights#
That move was not a small recovery; it could be a signal for something big. The chart basically gives two scenarios:
$100–$102 holds → bullish continuation → $110 → $115 → $120
$98 breaks → bearish correction → $94 → $90 → potentially $84–82
So for me, $100 is the sand. Above it, I want to stay patient for continuation. Below it, I would stop forcing the bullish narrative.
➡️Long setup:
•Entry zone: $102–$104
Aggressive entry: $105–$106 after confirmation
• SL: below $98
• TP1: $110
• TP2: $114–$116
• TP3: $120+
➡️Short setup:
• Entry: $98–$100 after failed reclaim
• SL: above $103–$105
• TP1: $94
• TP2: $90
• TP3: $84–$82
For now, it will be wise to be patience & wait instead of predicting the next candle. The price action will tell us. And always DYOR before making any entry. #Solana #Macro Insights#
