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【$SOL Signal】Bullish - Healthy Pullback and Accumulation
$SOL After a volume-driven decline, the price action indicates a healthy reset rather than a trend reversal. High open interest combined with a slight price dip suggests exhausted bears, mostly driven by liquidation-induced liquidity cleaning.
🎯 Direction: Long
🎯 Entry: 127.5 - 128.5
🛑 Stop Loss: 124.9 ( Rigid Stop Loss )
🚀 Target 1: 132.8
🚀 Target 2: 136.5
$SOL A tight consolidation has formed above a key support zone, with no signs of sustained selling pressure during the decline, indicating a typical absorption of buy orders. Price stabilization amid high open interest often signals re-accumulation by major players. As long as the 124.9 support holds, testing the previous high is highly probable.
Trade here 👇 $SOL
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