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【$SOL Signal】Long Position: Breakout and Retest Confirmation
$SOL After a volume-driven rally, the market enters a healthy consolidation phase. The price is consolidating strongly above the key breakout level, with no signs of panic selling. This is a typical absorption pattern by buyers.
🎯 Direction: Long
🎯 Entry: 122.5 - 124.0
🛑 Stop Loss: 118.0 ( Rigid Stop Loss )
🚀 Target 1: 128.5
🚀 Target 2: 132.0
Price action indicates that, after the breakout, volume and open interest are rising in sync, suggesting institutional buying rather than short covering. The current consolidation structure is tight, with lows gradually rising, and LTF retracements are quickly absorbed. As long as the price stays above the 120.0 psychological level, upward momentum will continue.
Trade here 👇 $SOL
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$SOL
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