$SOL Reclaiming Demand — Relief Bounce in Play 📈
Long Trade Signal (Scalping):
Entry 1: 124.2 – 123.6
Entry 2: 122.8 – 122.1
TP1: 125.8
TP2: 127.4
TP3: 129.8
SL: 120.9
Leverage: 20–40x (risk managed)
Open Trade in Future👇🏻
Spot Traders:
Spot buyers can accumulate near 122–121 zone for a bounce toward 128–132 if structure continues to hold.
Why This Trade
$SOL already did the hard work — liquidity sweep completed at 122.0, followed by a strong reaction. Long lower wicks + fast reclaim show buyers absorbing sell pressure, not distribution.
On the 5m chart, SOL broke short-term structure and is holding above intraday VWAP/mean zone. On the 15m chart, price reclaimed the mid-band and is forming higher lows — classic relief bounce after sell-off.
Shorting here means selling after the dump, directly into demand. That’s where shorts get trapped. The higher-probability play is to ride the bounce toward resistance, then reassess.
This is a scalp-to-relief move, not a trend reversal. Take TP step by step and trail once TP1 is hit.
Support Zones
• 123.5 – 122.8 (primary demand)
• 122.1 – 121.0 (strong base)
Resistance Zones
• 125.8 – 126.5 (first rejection)
• 128.5 – 130.0 (major supply)
No FOMO. Let price come to you.
And remember — if you’re not following Token Talk, you’re making a mistake. These
$SOL levels don’t appear after the move, they appear before it.
#sol