Guys, I’m going LONG on $SOL here.
TP: $107
SL: $100.5
Because that last dump was sharp, but what matters now is how $SOL is reacting after it.
Price is still holding this area instead of giving another clean breakdown, while more and more traders keep opening shorts.
That’s where it gets interesting.
There’s a heavy pocket of short-side liquidity building around $107–$109, and if SOL keeps holding here, that zone can easily become the next place the market goes after.
So I’m not following the fear from the last dump.
I’m following the liquidity.
Price is holding, shorts are stacking, liquidity is sitting above.
That’s enough for me to take the long.
TP: $107
SL: $100.5
Because that last dump was sharp, but what matters now is how $SOL is reacting after it.
Price is still holding this area instead of giving another clean breakdown, while more and more traders keep opening shorts.
That’s where it gets interesting.
There’s a heavy pocket of short-side liquidity building around $107–$109, and if SOL keeps holding here, that zone can easily become the next place the market goes after.
So I’m not following the fear from the last dump.
I’m following the liquidity.
Price is holding, shorts are stacking, liquidity is sitting above.
That’s enough for me to take the long.