Everyone’s glued to BTC’s rally while SOL is quietly coiling at the $23.50 magnet. I got flat on SOL last week when the 4H flipped and now I see a short‑term squeeze ready to reclaim.
$SOL - LONG
Entry: 23.45 – 23.55
SL: 22.90
TP1: 24.30
TP2: 24.90
TP3: 25.60
Why this setup?
- 4H RSI at 38, showing oversold pressure but still above the 30 dead zone.
- ATR (1D) ≈ 0.85, giving enough room for a ~3% bounce back to the 23.5‑24.3 zone.
- 15m price action formed a bullish flag, and volume is thinning, a classic accumulation sign.
- Higher‑timeframe (1D) still in an uptrend; the dip is a healthy pull‑back, bias confidence ~70%.
Debate: Are you fading the dip at $23.5 or waiting for a break above $24.3 to go long?
$SOL
$SOL - LONG
Entry: 23.45 – 23.55
SL: 22.90
TP1: 24.30
TP2: 24.90
TP3: 25.60
Why this setup?
- 4H RSI at 38, showing oversold pressure but still above the 30 dead zone.
- ATR (1D) ≈ 0.85, giving enough room for a ~3% bounce back to the 23.5‑24.3 zone.
- 15m price action formed a bullish flag, and volume is thinning, a classic accumulation sign.
- Higher‑timeframe (1D) still in an uptrend; the dip is a healthy pull‑back, bias confidence ~70%.
Debate: Are you fading the dip at $23.5 or waiting for a break above $24.3 to go long?
$SOL
