Coin : $SOL
signal : LONG
SOL has reached a key entry zone, presenting a solid opportunity for a short-term long position. I'm opening a long on SOL with a 2-day outlook, targeting the $164 level. This setup is supported by broader market dynamics — USDT Dominance (USDT.D) is currently testing a major resistance level within its bearish trend channel. If USDT.D gets rejected from this zone, it’s likely to drop, signaling a shift in capital back into risk-on assets like SOL. As stablecoin dominance falls, we can expect a strong push across the crypto market, and SOL is well-positioned to benefit from that momentum. The confluence of technical support on SOL and resistance on USDT.D makes this a favorable setup for a bullish move.
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USDT Dominance (USDT.D) is currently on the rise, reflecting a cautious shift as traders move into stablecoins amid recent market volatility. However, it is now approaching the upper boundary of its established bearish trend channel — a key resistance zone that has historically marked turning points. With this resistance in play and today’s 12-hour candle nearing completion, a potential reversal could be on the horizon. A rejection at this level would signal renewed confidence in risk-on assets like altcoins and Bitcoin. Traders should be prepared to go long on the broader market as a drop in USDT.D often coincides with capital flowing back into crypto assets. Keep an eye on the 12H close for confirmation, as it could mark the beginning of a fresh bullish leg across the market
Trade setup (don't take entry without proper money management skill and support)
entry - 155
tp- 164
sl- 149
this one is a risky trade dont trade without proper trading and money management knowledge.
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