$SOL
📊 SOL/USDT – 1H Channel Accumulation Setup

🕐 Timeframe: 1H

💰 Current Price: $176.66

📈 Trend Context: SOL is trending within a well-respected ascending parallel channel. Price is currently mid-range, consolidating after a recent bounce near the lower channel boundary.

🟩 Entry Plan (Long Bias):

📌 Entry Options:

Aggressive Entry: $175.00 – $177.00 (current consolidation zone after small pullback)

Dip Buy Entry: $170.00 – $172.50 (lower channel support touch)

Breakout Entry: Above $186.00 with volume (bullish continuation confirmation)

🎯 Take-Profit Targets:

TP1: $185.00 (minor resistance / mid-channel reaction zone)

TP2: $195.00 (upper channel resistance zone)

TP3: $205.00 – $210.00 (full channel extension)

🛡️ Stop-Loss:

SL: $168.00 (below channel support and recent swing low)

⚖️ Risk-Reward Tip:

Entry: $175.00

SL: $168.00

TP2: $195.00 → Risk:Reward ≈ 2.85:1

Move SL to breakeven after TP1.

🔄 Alternate Bearish Scenario:

If SOL closes below $168.00 with strong sell volume:

📉 Downside targets: $160.00 and $152.00 (previous demand zones)

✅ Confirmation Triggers:

🔸 Strong 1H bullish candle at $175–176 zone

🔸 RSI bouncing from 40–45 on LTF

🔸 BTC remaining above $67K or showing upward strength

🔥 Signal Strength:

High – Price structure remains bullish within a clean channel. Current mid-range pullback offers a favorable R:R setup, especially on confirmation.