$SOL Signal】Long | Healthy Cooldown After Strong Breakout



$SOL After a volume breakout on the 4H timeframe, the price consolidates at a high level around $87. This is a typical cooldown after a breakout, not a reversal at the top. Selling pressure is concentrated between $87.02-$87.04, with significant support from buyers at $87.00-$87.01. Negative funding rates indicate that bearish sentiment still prevails, favoring bullish squeeze.

🎯 Direction: Long

🎯 Entry: $86.80 - $87.10

🛑 Stop Loss: $85.80 ( Rigid stop loss, below the previous 4H candle low )

🚀 Target 1: $90.50 ( Previous high resistance )

🚀 Target 2: $94.00 ( Fibonacci extension level )

Logic: After breaking through the dense zone of $81-$85, there was no significant pullback, indicating strong absorption by buyers. The current 4H candle forms a flag pattern above the breakout zone, with decreasing volume, indicating a healthy reset. Open interest rising along with price confirms main capital inflow. As long as the price stays above $86.00 (the previous high), the structure remains bullish.

Trade here 👇 $SOL

---

Follow me: Get more real-time analysis and insights on the crypto market!

#Gate广场创作者新春激励 #Is the current market bottoming out or just observing?
SOL5,36%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)