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📊 Short-Term Analysis for $SOL /USDT 🔥
📈 Why a Long Trade?
1️⃣ Breakout Above $122 Resistance Zone 🚀
🔹 SOL has pushed through $122 and is now trading above $125.
🔹 Clear sign of bullish control and continuation momentum.
2️⃣ Price Holding Near Day’s High at $125.52 📊
🔹 SOL is consolidating near its 24H high – strong sign bulls are not taking profits yet.
🔹 A break above $126 could push price toward $130+ in the short term.
3️⃣ Steady Volume Shows Confidence 🔎
🔹 24H Volume: 4.21M SOL / $510.73M USDT
🔹 Liquidity remains solid, favoring momentum continuation.
4️⃣ Key Support Now at $122 - $123 ✅
🔹 Recent resistance now turned into strong support.
🔹 Higher lows continuing to form on the 1h and 4h charts.
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📊 Short-Term Trade Setup
🔹 Long Entry: $123.50 - $124.50 (On pullback/retest)
🎯 Targets: $126.50 / $128.00 / $130.00
🛑 Stop Loss: $121.80 (Below previous resistance)
🔹 Breakout Entry: Above $126.00 with volume spike
🎯 Targets: $129.00 / $131.50
🛑 Stop Loss: $123.80
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🔸 Breakout Confirmation:
✅ If SOL clears $126 = Expect bullish rally continuation
❌ If SOL drops below $122 = Exit or reassess the setup
⚠️ Risk Management:
🔸 Use tight SL below $122
🔸 Watch 1h candle closes and volume above $125 for confirmation
📈 Overall Bias: Bullish (while $122 support remains strong)