đ SOL/USDT â Final Liquidity Zone Before Expansion? đ
đ On the 1H timeframe, price is moving inside a descending channel and has reached the lower boundary. A breakout attempt is forming, with a retest of the upper channel likely next.
đ RSI is trending downward and approaching its lower range, signaling a potential bullish bounce.
đą Key Support Zone: 132 USDT
â Price has reacted strongly from this level multiple times
â Another bounce is expected from this demand zone
đ The indicator suggests consolidation above the 100-period Moving Average, which price is approaching â adding bullish support to the setup.
đŻ Trade Setup
đč Entry: 133.50
đč Target 1: 134.93
đč Target 2: 137.30
đč Target 3: 140.25
đ Stop-Loss: Below the green support zone
â ïž Risk Reminder:
đĄ Always follow proper money management â protect your capital first.
đŹ Got questions? Drop them in the comments.
đ Thanks for reading.
â Trade $SOL
đ On the 1H timeframe, price is moving inside a descending channel and has reached the lower boundary. A breakout attempt is forming, with a retest of the upper channel likely next.
đ RSI is trending downward and approaching its lower range, signaling a potential bullish bounce.
đą Key Support Zone: 132 USDT
â Price has reacted strongly from this level multiple times
â Another bounce is expected from this demand zone
đ The indicator suggests consolidation above the 100-period Moving Average, which price is approaching â adding bullish support to the setup.
đŻ Trade Setup
đč Entry: 133.50
đč Target 1: 134.93
đč Target 2: 137.30
đč Target 3: 140.25
đ Stop-Loss: Below the green support zone
â ïž Risk Reminder:
đĄ Always follow proper money management â protect your capital first.
đŹ Got questions? Drop them in the comments.
đ Thanks for reading.
â Trade $SOL
