๐ $SOL has recently seen a flush into a key demand zone and is now consolidating on the 1-hour timeframe. This price action indicates a potential shift from a selling climax to an absorption phase.
This observation is followed by a reclaim attempt. Such a pattern often precedes an expansion phase, making it a point of interest for traders.
๐ **LONG SETUP โ $SOL**
Entry: 100 โ 106
TP1: 123
TP2: 141
TP3: 158.8
SL: 99.7
For this trade setup to remain valid, it is crucial that the Stop Loss level of 99.7 holds. A successful reclaim of the range low could signal an expansion back towards previous range highs.
(SOLUSDT)
