Trade Idea $SOL SOL/USDT - Bullish Reversal with Inverted Head & Shoulders Pattern
I spotted a classic bullish reversal pattern on the SOL/USDT daily chart – the Inverse Head and Shoulders. After a strong downtrend, the price formed the left shoulder, dipped into a lower low for the head, and then created a higher low forming the right shoulder. A breakout above the neckline confirms potential bullish momentum. I’m targeting the next resistance zone near $185, with a stop loss below the right shoulder. This setup matches perfectly with textbook patterns I've studied, as seen in my printed notes.