Hello Gate friends, I am Oscar!
The daily story line of $SOL is reaching a climax.
Following the previous analysis, we see that after the price oscillated and built a bottom above $84, today finally marks a strong breakout:
SNR structure analysis: Breakout bearish CL structure: SOL price recorded a strong bullish candlestick, successfully breaking through and standing above the previous bearish CL (around $89). In the SNR system, the original "obstacle" CL has been broken through and turned into a BO, officially shifting the story line to a bullish dominance. The next obstacle level will be the psychological barrier at $90.
Order Book Profile (OBP): The true depth of the order wall The truth of the order wall: observing the distribution of orders on the right side, a clear passive buy wall (support wall) has accumulated between $88.50 and $89.50. This fully coincides with the BO support logic of the SNR, indicating that the market has established a consensus defense line here. Capital flow data diagnosis: strong momentum returning
Open Interest (OI): OI surged in tandem with the price increase, rising to a high of $2.12 billion. This indicates a large amount of "real money" flowing in, and the market has a very high participation rate for continued rise after the breakout.
CVD (Cumulative Volume Delta): The blue curve (CVD) slope steepened (about -198.70M). Although the total is negative, the recent active buying force (buyer's Delta) is strongly recovering lost ground.
Liquidation dynamics: High-level liquidation volume (about $2.48M) mainly consists of short liquidations, fueling the upward trend.
💡 Oscar’s trading plan: Focus on the retest of $89.00 (BO level). As long as OI is rebuilt and holds steady on the order wall (OBP), this is a high-quality "good buy" signal.
The daily story line of $SOL is reaching a climax.
Following the previous analysis, we see that after the price oscillated and built a bottom above $84, today finally marks a strong breakout:
SNR structure analysis: Breakout bearish CL structure: SOL price recorded a strong bullish candlestick, successfully breaking through and standing above the previous bearish CL (around $89). In the SNR system, the original "obstacle" CL has been broken through and turned into a BO, officially shifting the story line to a bullish dominance. The next obstacle level will be the psychological barrier at $90.
Order Book Profile (OBP): The true depth of the order wall The truth of the order wall: observing the distribution of orders on the right side, a clear passive buy wall (support wall) has accumulated between $88.50 and $89.50. This fully coincides with the BO support logic of the SNR, indicating that the market has established a consensus defense line here. Capital flow data diagnosis: strong momentum returning
Open Interest (OI): OI surged in tandem with the price increase, rising to a high of $2.12 billion. This indicates a large amount of "real money" flowing in, and the market has a very high participation rate for continued rise after the breakout.
CVD (Cumulative Volume Delta): The blue curve (CVD) slope steepened (about -198.70M). Although the total is negative, the recent active buying force (buyer's Delta) is strongly recovering lost ground.
Liquidation dynamics: High-level liquidation volume (about $2.48M) mainly consists of short liquidations, fueling the upward trend.
💡 Oscar’s trading plan: Focus on the retest of $89.00 (BO level). As long as OI is rebuilt and holds steady on the order wall (OBP), this is a high-quality "good buy" signal.
