๐ข $SOL LONG SETUP
SOL is holding a strong bullish structure after reclaiming the $110 area. Price is around $116 and momentum is strong but RSI is near 70 so chasing the breakout here carries higher pullback risk.
The better zone is $112โ114 on a controlled retest.
Entry: $112โ114 TP1: $119 TP2: $123 TP3: $133 SL: $107.50
Why Iโm watching this: โข $110โ114 is the key structure/flip zone โข Short liquidations recently added fuel to the move โข SOL remains above its major moving averages โข Spot SOL ETFs have recorded 12 consecutive weeks of net inflows โข A clean break and hold above $119 would strengthen continuation โข Losing $110 and especially $107.50 would weaken the bullish structure
The key is not the candle. Itโs whether SOL can turn the breakout zone into support.
#TradingSignal
$SOL
SOL is holding a strong bullish structure after reclaiming the $110 area. Price is around $116 and momentum is strong but RSI is near 70 so chasing the breakout here carries higher pullback risk.
The better zone is $112โ114 on a controlled retest.
Entry: $112โ114 TP1: $119 TP2: $123 TP3: $133 SL: $107.50
Why Iโm watching this: โข $110โ114 is the key structure/flip zone โข Short liquidations recently added fuel to the move โข SOL remains above its major moving averages โข Spot SOL ETFs have recorded 12 consecutive weeks of net inflows โข A clean break and hold above $119 would strengthen continuation โข Losing $110 and especially $107.50 would weaken the bullish structure
The key is not the candle. Itโs whether SOL can turn the breakout zone into support.
#TradingSignal
$SOL
