$SOL Price is currently trading around 100.83 (+0.49% showing a mild recovery). On the H1 chart, price is coming off a sharp corrective impulse and holding near a key support floor. The technical structure favors a temporary dip to test the underlying demand pocket before initiating a strong bullish relief reaction toward higher resistance targets.
📌 Trading Plan (Long Setup):
💥 Long Entry Zone: 98.6 – 99.6
💥 Stop Loss (SL): < 96.4
🎯 Take Profit Targets:
🎉 TP1: 102.4 – 103.6
🎉 TP2: 105.7 – 106.4
👉 Following a pullback from recent peaks near ~108, price established a local bottom and is consolidating. A controlled dip into the support liquidity zone provides a solid risk-to-reward setup for buyers looking to catch a relief wave upward.
👉 The primary entry confluence lies between 98.6 and 99.6. Accumulating near this support zone offers an optimal entry point for long positioning.
👉 Key Invalidation (SL): A clean breakdown below 96.4 invalidates this bullish thesis, indicating potential further downside expansion. (Note: Keep SL strictly set below < 96.4 to preserve capital).
Click here to view the chart 👇️👇👇
📌 Trading Plan (Long Setup):
💥 Long Entry Zone: 98.6 – 99.6
💥 Stop Loss (SL): < 96.4
🎯 Take Profit Targets:
🎉 TP1: 102.4 – 103.6
🎉 TP2: 105.7 – 106.4
👉 Following a pullback from recent peaks near ~108, price established a local bottom and is consolidating. A controlled dip into the support liquidity zone provides a solid risk-to-reward setup for buyers looking to catch a relief wave upward.
👉 The primary entry confluence lies between 98.6 and 99.6. Accumulating near this support zone offers an optimal entry point for long positioning.
👉 Key Invalidation (SL): A clean breakdown below 96.4 invalidates this bullish thesis, indicating potential further downside expansion. (Note: Keep SL strictly set below < 96.4 to preserve capital).
Click here to view the chart 👇️👇👇
