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【$SOL Signal】Bullish — Accumulation Pattern After Healthy Pullback
$SOL After a volume-driven decline, the price enters a cooling zone, consolidating above a key support level. High open interest suggests intense battle between bulls and bears, but no panic selling occurs, more like a leverage wipeout by the bulls.
🎯Direction: Long (Long)
🎯Entry: 119.50 - 121.50
🛑Stop Loss: 116.00 (Rigid Stop Loss)
🚀Target 1: 128.00
🚀Target 2: 135.00
The decline accompanied by high volume did not lead to a waterfall crash, indicating strong buying absorption around the 120 region. The current price is at the previous breakout structure top, with open interest remaining high, which is not simply a forced liquidation but more like the main force rotating hands in a key liquidity zone. Price action shows selling pressure weakening, with multiple dips and recoveries on the lower timeframe, forming a potential bullish Bat pattern at point D. Holding the previous low at 116, retesting the liquidity gap upward is a highly probable path.
Trade here 👇 $SOL
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$SOL
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