Guy's Attention here‼️SOL local bottom is in & I’m going to open a BIG LONG on $SOL Now
My Entry: $114–$114.50
TP: $117 → $120.95 - 126
SL: $112
You know why I’m going LONG on SOL?
The daily chart is showing a level I really like. $SOL has pulled back into the $114 area, right around the 25 EMA ($114.73), while the broader structure is still holding above the major $106.62 support.
What makes this interesting is the RSI(10) has dropped back toward the lower zone, similar to the previous pullback where buyers stepped in and price reversed higher. I’m watching for that same type of reaction here.
For me, this isn’t about catching a falling knife. The idea is that $114–$115 is the first demand area, while $106.62 is the deeper invalidation level.
If buyers reclaim $118, momentum can open the way toward $120 and then $124.95.
SOL bottom may be forming here — I’m watching the reaction, not chasing. 🎯
My Entry: $114–$114.50
TP: $117 → $120.95 - 126
SL: $112
You know why I’m going LONG on SOL?
The daily chart is showing a level I really like. $SOL has pulled back into the $114 area, right around the 25 EMA ($114.73), while the broader structure is still holding above the major $106.62 support.
What makes this interesting is the RSI(10) has dropped back toward the lower zone, similar to the previous pullback where buyers stepped in and price reversed higher. I’m watching for that same type of reaction here.
For me, this isn’t about catching a falling knife. The idea is that $114–$115 is the first demand area, while $106.62 is the deeper invalidation level.
If buyers reclaim $118, momentum can open the way toward $120 and then $124.95.
SOL bottom may be forming here — I’m watching the reaction, not chasing. 🎯