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While the timeline is busy calling for deeper corrections, Solana just completed a textbook reclamation above its short-term moving averages after sweeping liquidity at the lows.
$SOL - LONG
Trade Plan:
Entry: 75.250000 - 75.670000
SL: 73.150000
TP1: 76.820000
TP2: 78.880000
TP3: 81.450000
Why this setup?
95% confidence on a 4h LONG setup. RSI 15m at 48.35 (room to run). ATR 1h is 0.4182—tight squeeze priming for a breakout. Entry zone: 75.250000 - 75.670000. First target 76.820000.
Debate:
Is this the start of a clean momentum expansion back toward $80, or is the market setting up a rejection at the 99-period moving average?
$SOL