【$SOL Signal】Long Breakout and Re-Test Confirmation

$SOL Forms a narrow range consolidation above a key support zone, with price declining while open interest remains stable, indicating exhausted bears and a healthy reset after a short squeeze.

🎯 Direction: Long

🎯 Entry: 126.50 - 127.50

🛑 Stop Loss: 124.80 ( Rigid Stop Loss )

🚀 Target 1: 132.00

🚀 Target 2: 138.00

$SOL Consolidates above the critical demand zone of 125-128, with increased volume but limited price decline, showing active absorption of selling pressure by buyers in this area. Open interest has not significantly decreased with the price drop, ruling out the possibility of continuous dumping by major players. The chart exhibits typical "liquidation shakeout" features, with multiple lower shadows on lower timeframes, indicating weakening bearish momentum. Holding this zone greatly increases the probability of regaining upward momentum.

Trade here 👇 $SOL

---

Follow me: Get more real-time analysis and insights into the crypto market!
‍#Gate广场创作者新春激励 #黄金白银再创新高 #特朗普取消对欧关税威胁 #GateWeb3正式升级为GateDEX