SOL/USDT Quick Analysis (1H)
Current Price: $121.11
SOL remains bullish on the 1-hour chart, trading above key support levels while consolidating below resistance.
Key Support
$118.5 - $119.5 → Main demand zone (bullish order block)
$116 - $117 → Critical support
$110 - $111 → Strong support and liquidity area
Key Resistance
$122.5 - $123 → Immediate resistance
$123.5 - $124 → Major liquidity zone
Long Setup
Entry: $118.5 - $119.5
Stop Loss: Below $117
Target 1: $122 - $122.5
Target 2: $123.5 - $124
Short Setup
Only if a 1H candle closes below $117:
Entry: Below $117
Target: $114 → $112
Stop Loss: Around $119
Liquidity & Order Blocks
Buy-side liquidity sits above $122.94.
Sell-side liquidity sits below $118.5.
Main bullish order block is $118.5 - $119.5.
Overall View
The structure remains neutral-to-bullish while price stays above $117. A breakout above $123 could lead to further upside, while a breakdown below $117 may trigger a move toward $114-$112.
#sol #SolanaStrong
Current Price: $121.11
SOL remains bullish on the 1-hour chart, trading above key support levels while consolidating below resistance.
Key Support
$118.5 - $119.5 → Main demand zone (bullish order block)
$116 - $117 → Critical support
$110 - $111 → Strong support and liquidity area
Key Resistance
$122.5 - $123 → Immediate resistance
$123.5 - $124 → Major liquidity zone
Long Setup
Entry: $118.5 - $119.5
Stop Loss: Below $117
Target 1: $122 - $122.5
Target 2: $123.5 - $124
Short Setup
Only if a 1H candle closes below $117:
Entry: Below $117
Target: $114 → $112
Stop Loss: Around $119
Liquidity & Order Blocks
Buy-side liquidity sits above $122.94.
Sell-side liquidity sits below $118.5.
Main bullish order block is $118.5 - $119.5.
Overall View
The structure remains neutral-to-bullish while price stays above $117. A breakout above $123 could lead to further upside, while a breakdown below $117 may trigger a move toward $114-$112.
#sol #SolanaStrong
