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Looks good, but it largely depends on Bitcoinโs move.
GK-ARONNO
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SOL/USDT Final Liquidity Zone Before Expansion ?
The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected.
We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected.
There is a key support zone in green at 122.00. The price has bounced from this level multiple times and is expected to bounce again.
We have a trend towards stability above the 100-period moving average, as we are moving close to it, which supports the upward movement.
Entry price: 124.00 First target: 125.48 Second target: 127.15 Third target: 129.63
Closed my long at 126.50 from 122.15 with high leverage. SOL was volatile, I secured profit. Hoping for more but safer this way. Not sure if it keeps rising.
Alpha_Trader_Elyaea
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Bullish
Hereโs a technical analysis post for your SOL/USDT chart:
$SOL/USDT is trading at $125.50, up +0.87%, showing steady bullish momentum. Price has recently bounced from the $123โ$124 support zone and is holding above short-term moving averages, suggesting buyers are defending key levels. A continuation toward the recent high near $125.64โ$125.77 is likely if support holds.
Trade Setup:
Long Entry: $125.20โ$125.50
Targets:
TP1: $125.75
TP2: $126.50
Stop Loss: $124.50
Market Outlook: The short-term trend is bullish. As long as remains above $124 support, upside momentum may continue with minor consolidation near resistance levels.
#CryptoTrading #SOLUSDT #BullishTrend #Layer1 #altcoins buy and trade here on $SOL {spot}(SOLUSDT)
great analysis ๐ watching $SOL closely -key zones are clear. stop-loss and targets make sense. letโs see if it holds above $125.50 or dips below $122. ๐๐
BlockchainBuller2
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$SOL Pullback into key Zoon ๐ฏ Trade Setup.. ๐จLeast News โ ๐น Bullish (Long): Consider an entry if the price stabilizes above $125.50. Initial targets would be $130, followed by a stretch toward $140. Set a stop-loss around $120.
โBearish (Short): If the price fails to break $127 and drops back toward $122, sellers may target the $113 or even $106 support zones.