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【$SOL Signal】Bullish - Healthy Pullback for Accumulation
$SOL Price drops but open interest remains high. Combined with market logic, this suggests a healthy reset triggered by long liquidation rather than main force distribution. The price is consolidating above a key support zone, and selling pressure has been effectively absorbed.
🎯Direction: Long (Long)
🎯Entry: 125.50 - 126.80
🛑Stop Loss: 123.90 (Rigid Stop Loss)
🚀Target 1: 130.50
🚀Target 2: 135.00
$SOL Maintaining above the critical demand zone of 126-128, price declines accompanied by liquidation at high open interest are typical of shakeout behavior. The order book shows continuous absorption of sell orders on the LTF, and the pullback structure exhibits corrective features without damaging the overall upward trend. As long as the price stays above 123.90, the probability of regaining upward momentum is higher.
Trade here 👇 $SOL
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