$SOL — Bullish Continuation Setup
Market Observation:
SOL has maintained a constructive broader structure, with $110–$115 identified as an important support region and $120–$122 as a key resistance area. The reported $1.8648K short liquidation at $124.32 marks a higher price level where short positions were closed by liquidation. Price confirmation remains essential. <Cite refs={["turn723685search4","turn723685search6"]}/>
Trade Setup — Conditional Long
EP: $120.00–$122.00
TP1: $124.32
TP2: $127.00
TP3: $130.00
SL: $117.50
Technical Analysis:
The broader bullish bias remains constructive while SOL holds above the $110–$115 support region.
A confirmed breakout above $122 could improve momentum and bring the $124.32 liquidation level into focus.
A sustained move beyond that level would be needed to support continuation toward the higher targets.
$SOL
Market Observation:
SOL has maintained a constructive broader structure, with $110–$115 identified as an important support region and $120–$122 as a key resistance area. The reported $1.8648K short liquidation at $124.32 marks a higher price level where short positions were closed by liquidation. Price confirmation remains essential. <Cite refs={["turn723685search4","turn723685search6"]}/>
Trade Setup — Conditional Long
EP: $120.00–$122.00
TP1: $124.32
TP2: $127.00
TP3: $130.00
SL: $117.50
Technical Analysis:
The broader bullish bias remains constructive while SOL holds above the $110–$115 support region.
A confirmed breakout above $122 could improve momentum and bring the $124.32 liquidation level into focus.
A sustained move beyond that level would be needed to support continuation toward the higher targets.
$SOL