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【$SOL Signal】Long - Healthy Reset After Liquidation and Shakeout
$SOL Price decline accompanied by high open interest shows typical bullish liquidation shakeout characteristics, rather than main force distribution. The price is undergoing a healthy reset above the key support zone.
🎯 Direction: Long
🎯 Entry: 126.50 - 127.80
🛑 Stop Loss: 124.00 ( Rigid Stop Loss )
🚀 Target 1: 132.00
🚀 Target 2: 136.50
$SOL During the decline with record high trading volume at 2049M, open interest (OI) remains high, which is a clear signal of bullish leverage being cleaned out. The price stabilizes above the previous breakout structure, with selling pressure largely absorbed, and LTF (lower time frame) showing buying support. Market sentiment shifts from FOMO to fear, completing a healthy shakeout for the next upward move. As long as the key support at 124.0 is not broken by a solid close, the upward path will reopen.
Trade here 👇 $SOL
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