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【$SOL Signal】Bullish - Healthy Pullback for Accumulation
$SOL After a volume-driven rally, it is experiencing a -1.04% healthy pullback reset. The price is declining while open interest remains stable (OI: 9.41 million), indicating that this is profit-taking by longs rather than main force distribution. Buying pressure below is absorbing selling pressure.
🎯Direction: Long
🎯Entry: 125.50 - 126.50
🛑Stop Loss: 123.80 (Rigid Stop Loss)
🚀Target 1: 130.00
🚀Target 2: 134.50
$SOL Consolidating tightly above a key support zone, with shallow pullback and healthy volume, no panic selling observed. The open interest has not decreased significantly, indicating that long positions are not being wiped out and the market structure remains intact. On the lower timeframe, buying continues to absorb the pullback. As long as the price stays above the 124-125 zone, the probability of regaining upward momentum is very high.
Trade here 👇 $SOL
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