$SOL Reclaims Both MAs Bulls Eyeing a Push to $124+
Pair: $SOL /USDT
Direction: LONG
Leverage: 5x
Entry Zone: 118.30 – 118.70
Take Profit:
- TP1: 120.81 +10%
- TP2: 122.31 +16%
- TP3: 124.57 +26%
Stop Loss: 115.54
Chart Structure:
- SOL bottomed near 115.5 after a steady decline from a ~123 high, then reversed with a strong impulsive push, reclaiming both MA7 and MA25 in the process
- RSI 14 dipped near 30 during the base and has since recovered into the mid-50s, showing renewed strength without being overbought
- MACD just crossed positive with an expanding green histogram after a prolonged stretch of red bars during the decline a confirming momentum shift
- Price recently spiked to test the highs of the current move before pulling back slightly, now consolidating right at the MA7/MA25 cluster
- The declining MA99 (purple, ~119) sits just above current price and is the next key resistance to clear for a full trend reversal
- This reads as a base-reversal long: buying the reclaim after a sustained downtrend, with confirmation building on the indicator side
- Stop is placed below the recent base low, giving room for a normal retest without exposing to a fresh breakdown
$SOL
Pair: $SOL /USDT
Direction: LONG
Leverage: 5x
Entry Zone: 118.30 – 118.70
Take Profit:
- TP1: 120.81 +10%
- TP2: 122.31 +16%
- TP3: 124.57 +26%
Stop Loss: 115.54
Chart Structure:
- SOL bottomed near 115.5 after a steady decline from a ~123 high, then reversed with a strong impulsive push, reclaiming both MA7 and MA25 in the process
- RSI 14 dipped near 30 during the base and has since recovered into the mid-50s, showing renewed strength without being overbought
- MACD just crossed positive with an expanding green histogram after a prolonged stretch of red bars during the decline a confirming momentum shift
- Price recently spiked to test the highs of the current move before pulling back slightly, now consolidating right at the MA7/MA25 cluster
- The declining MA99 (purple, ~119) sits just above current price and is the next key resistance to clear for a full trend reversal
- This reads as a base-reversal long: buying the reclaim after a sustained downtrend, with confirmation building on the indicator side
- Stop is placed below the recent base low, giving room for a normal retest without exposing to a fresh breakdown
$SOL
