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【$SOL Signal】Long - Healthy Reset After Liquidation and Shakeout
$SOL After a volume-driven decline, the price is consolidating above a key support zone. The decline accompanied by high open interest is a typical long liquidation shakeout, not a main force distribution. The market shows that selling pressure has been effectively absorbed.
🎯 Direction: Long
🎯 Entry: 118.50 - 120.00
🛑 Stop Loss: 115.00 ( Rigid Stop Loss )
🚀 Target 1: 128.00
🚀 Target 2: 135.00
$SOL The decline was driven by long liquidation under high open interest, forming a healthy liquidity shakeout. The price stabilized above the previous key demand zone (115-120), and the downward momentum has weakened, with no sustained selling follow-through. This is a typical corrective pullback, providing fuel for the next upward push. As long as the stop loss is not breached, the probability of regaining upward momentum is higher.
Trade here 👇 $SOL
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