【$SOL Signal】Long + Volume and Price Breakout Confirmation
$SOL After volume expansion and upward push, the price action shows a healthy breakout, with open interest rising in sync, indicating institutional entry rather than mere short covering. The market structure has shifted to a bullish dominance.
🎯 Direction: Long
🎯 Entry: 117.50 - 119.00
🛑 Stop Loss: 114.80 ( Rigid stop loss, invalidating the breakout if broken )
🚀 Target 1: 125.00
🚀 Target 2: 130.00
$SOL Consolidation above a key psychological level, with a 4-hour bullish candle confirming strong buying pressure. The current price is closely running above VWAP, with shallow pullbacks quickly absorbed, indicating market sentiment shifting from hesitation to FOMO. The simultaneous rise of open interest and price is a classic healthy breakout signal. As long as the price stays above 116.5 (former high turned support), upward momentum will continue. Small losses, big gains—profiting from the probability of trend continuation after the breakout.
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GrayGoat
· 13h ago
Currently, the market trend is bearish. You say to go long, but are you trapped at the top?
【$SOL Signal】Long + Volume and Price Breakout Confirmation
$SOL After volume expansion and upward push, the price action shows a healthy breakout, with open interest rising in sync, indicating institutional entry rather than mere short covering. The market structure has shifted to a bullish dominance.
🎯 Direction: Long
🎯 Entry: 117.50 - 119.00
🛑 Stop Loss: 114.80 ( Rigid stop loss, invalidating the breakout if broken )
🚀 Target 1: 125.00
🚀 Target 2: 130.00
$SOL Consolidation above a key psychological level, with a 4-hour bullish candle confirming strong buying pressure. The current price is closely running above VWAP, with shallow pullbacks quickly absorbed, indicating market sentiment shifting from hesitation to FOMO. The simultaneous rise of open interest and price is a classic healthy breakout signal. As long as the price stays above 116.5 (former high turned support), upward momentum will continue. Small losses, big gains—profiting from the probability of trend continuation after the breakout.
Trade here 👇 $SOL
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