$SOL (Solana) - 4H
Bullish buy compression on the 4H timeframe over the decisive flip zone, seeking to consolidate the floor at 116,793 (RBS / KL) after reabsorbing the order that rejected the local highs at 124,000 (DMD). It is trading at 118,704 (-0.04%), compressing between the broken flip level RBS (120,500) and the lower key support line.
🔹 Key Levels:
• Resistance: 120,500 (Broken RBS / Immediate Resistance on 4H) | 121,500 - 122,500 (KL Upper Range) | 124,000 - 126,000 (DMD / Macro Order Block)
• Support: 116,793 (RBS / KL Immediate Decisional Support) | 114,000 (Intermediate RBS) | 111,000 (Lower RBS / Base of the Impulse)
📌 Scenarios:
Bullish: Confirm support at 116,793 (RBS) and recover 120,500 on a 4H candle close will resume the expansive move to attack the KL band ($121,500–$122,500) and project toward the DMD zone ($124,000).
Bearish: Losing the key level of 116,793 with a 4H candle close will break the short-term buying structure, extending the pullback/retest toward the RBS support at 114,00
#sol
Bullish buy compression on the 4H timeframe over the decisive flip zone, seeking to consolidate the floor at 116,793 (RBS / KL) after reabsorbing the order that rejected the local highs at 124,000 (DMD). It is trading at 118,704 (-0.04%), compressing between the broken flip level RBS (120,500) and the lower key support line.
🔹 Key Levels:
• Resistance: 120,500 (Broken RBS / Immediate Resistance on 4H) | 121,500 - 122,500 (KL Upper Range) | 124,000 - 126,000 (DMD / Macro Order Block)
• Support: 116,793 (RBS / KL Immediate Decisional Support) | 114,000 (Intermediate RBS) | 111,000 (Lower RBS / Base of the Impulse)
📌 Scenarios:
Bullish: Confirm support at 116,793 (RBS) and recover 120,500 on a 4H candle close will resume the expansive move to attack the KL band ($121,500–$122,500) and project toward the DMD zone ($124,000).
Bearish: Losing the key level of 116,793 with a 4H candle close will break the short-term buying structure, extending the pullback/retest toward the RBS support at 114,00
#sol
