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【$SOL Signal】Long Breakout and Pullback Confirmation
$SOL After a volume-driven rally, the price consolidates tightly at a high level, which is a healthy reset after a breakout rather than a top structure. During the consolidation, no large-scale selling pressure appears, indicating that buyers are still absorbing short-term profit-taking.
🎯 Direction: Long
🎯 Entry: 123.8 - 124.2
🛑 Stop Loss: 121.5 ( Rigid Stop Loss )
🚀 Target 1: 128.0
🚀 Target 2: 132.5
$SOL After breaking through a key resistance, the price consolidates in a narrow range above the previous high, forming a high-level flag pattern. Volume increases along with the price rise, and open interest also rises, which is a typical feature of main capital entering the market, rather than a simple short squeeze. LTF pullbacks are quickly absorbed, indicating a healthy market structure. As long as the price can hold above the breakout zone (above 121.5), the probability of continuing upward is very high.
Trade here 👇 $SOL
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