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【$SOL Signal】Long - Healthy Reset After Liquidation Cleanup
$SOL Price decline accompanied by high open interest presents a typical bullish liquidation washout, rather than a main force distribution. This is a healthy reset in an upward trend.
🎯 Direction: Long
🎯 Entry: 120.50 - 122.50
🛑 Stop Loss: 118.00 ( Rigid Stop Loss )
🚀 Target 1: 128.00
🚀 Target 2: 135.00
$SOL The appearance of high trading volume and high open interest above a key support zone indicates standard liquidity cleansing. Price action shows rapid absorption of selling pressure without sustained selling. The lower timeframe has shown signs of buy absorption. As long as the 118.00 support holds, the market structure remains bullish. This pullback offers a higher probability long opportunity.
Trade here 👇 $SOL
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