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SOL under 98 has many buy orders, but there are few sellers 😏 The weekly uptrend is still intact. Pullback from 96.5 to enter Long, target 103.26, stop 92.5 📈" describes a bullish SOL perpetual-futures trade idea.
It says the author sees strong buying interest below $98 and limited selling pressure, which they interpret as a supportive demand area. “The weekly uptrend is still intact” means SOL’s broader weekly-chart structure is viewed as still moving upward rather than breaking down.
“Pullback from 96.5 to enter Long” means they want to consider a long position if price retraces near $96.50, expecting a rebound. The $103.26 target is the level where they would expect to take profit, while the $92.50 stop is the predefined exit level intended to limit losses if the setup fails.
These are the post author’s trading parameters, not a guarantee: buy orders can be cancelled, market conditions can change quickly, and leveraged futures can amplify losses.#GateStockInsightsChallenge