$SOL â 1H Chart Read đ
SOL is showing a very clean 1H trend. The move from the $96â100 area into $114.17 has been strong, with higher highs and higher lows throughout the move.
Right now, though, the price is sitting almost directly at the local high, so Iâd avoid chasing the candle.
Current price: $113.93
Supertrend: $108.94 đą
24H high: $114.17
Resistance: $114.17 â $115.00
Support: $112.00 â $110.50 â $108.94
Order book: 23.56% bids vs 76.44% asks
Long setup
Preferred entry: $111.00â$112.00
SL: $108.70
TP1: $114.17
TP2: $116.00
TP3: $118.50â$120.00
The cleaner momentum entry is a 1H close above $114.17, followed by a retest that holds.
One thing worth respecting here is the order book: the screenshot shows 76.44% asks, so there is meaningful sell-side liquidity sitting around the current price. That can change quickly, but it makes chasing $113.93 less attractive.
The broader move is also visible in daily data: SOL gained roughly 9.6% on Binance on Sep. 18, with a daily high around $112.24 on that dataset.
Bias: Bullish above $108.94.
Key level: $114.17.
Best setup: breakout + retest or a controlled pullback into $111â112.
#SOL
SOL is showing a very clean 1H trend. The move from the $96â100 area into $114.17 has been strong, with higher highs and higher lows throughout the move.
Right now, though, the price is sitting almost directly at the local high, so Iâd avoid chasing the candle.
Current price: $113.93
Supertrend: $108.94 đą
24H high: $114.17
Resistance: $114.17 â $115.00
Support: $112.00 â $110.50 â $108.94
Order book: 23.56% bids vs 76.44% asks
Long setup
Preferred entry: $111.00â$112.00
SL: $108.70
TP1: $114.17
TP2: $116.00
TP3: $118.50â$120.00
The cleaner momentum entry is a 1H close above $114.17, followed by a retest that holds.
One thing worth respecting here is the order book: the screenshot shows 76.44% asks, so there is meaningful sell-side liquidity sitting around the current price. That can change quickly, but it makes chasing $113.93 less attractive.
The broader move is also visible in daily data: SOL gained roughly 9.6% on Binance on Sep. 18, with a daily high around $112.24 on that dataset.
Bias: Bullish above $108.94.
Key level: $114.17.
Best setup: breakout + retest or a controlled pullback into $111â112.
#SOL
