$SOL Reclaims the Moving Averages Bulls Push for a Retest of Highs
Pair: $SOL /USDT
Direction: LONG
Leverage: 5x
Entry Zone: 119.10 – 119.50
Take Profit:
- TP1: 120.77 +6%
- TP2: 121.72 +10%
- TP3: 123.15 +17%
Stop Loss: 117.44
Chart Structure:
- SOL spiked to a 124 high, pulled back into a base near 118–120, and is now pushing back up through the MA7/MA25/MA99 confluence a constructive sign after the consolidation
- RSI 14 cooled from the low-70s (overbought) down to the mid-40s during the pullback and has since recovered into the low-50s, showing renewed strength without being overextended
- MACD is still slightly negative but the histogram has flattened and just turned positive on the latest candle an early but real momentum shift after the pullback
- Price is breaking above the flattened moving-average cluster with the latest green candle, suggesting the consolidation is resolving higher
- This reads as a base-breakout long: buying the reclaim after a healthy pullback, with early confirmation from both RSI and MACD
- Stop is placed below the recent consolidation low, giving room for a normal retest without exposing to a fresh breakdown
$SOL
Pair: $SOL /USDT
Direction: LONG
Leverage: 5x
Entry Zone: 119.10 – 119.50
Take Profit:
- TP1: 120.77 +6%
- TP2: 121.72 +10%
- TP3: 123.15 +17%
Stop Loss: 117.44
Chart Structure:
- SOL spiked to a 124 high, pulled back into a base near 118–120, and is now pushing back up through the MA7/MA25/MA99 confluence a constructive sign after the consolidation
- RSI 14 cooled from the low-70s (overbought) down to the mid-40s during the pullback and has since recovered into the low-50s, showing renewed strength without being overextended
- MACD is still slightly negative but the histogram has flattened and just turned positive on the latest candle an early but real momentum shift after the pullback
- Price is breaking above the flattened moving-average cluster with the latest green candle, suggesting the consolidation is resolving higher
- This reads as a base-breakout long: buying the reclaim after a healthy pullback, with early confirmation from both RSI and MACD
- Stop is placed below the recent consolidation low, giving room for a normal retest without exposing to a fresh breakdown
$SOL
