WHERE TO BUY SOL?
From a technical perspective, an analysis of the 1-hour timeframe reveals a liquidity hunt followed by a subsequent break in market structure. Additionally, during the 15-minute retracement, another break in market structure occurred, serving as a confirmation signal and validating a potential buy signal.
However, it is important to note that the demand zone is quite expansive. For low-risk traders, it may be advisable to initiate trades only after the price has retraced at least 50% of the demand zone. This strategy could provide a more secure entry point, aligning with a conservative trading approach.
