This is the kind of setup that professional traders dream of. The 4-hour chart for SOL is showing multiple, powerful confirmations that a new uptrend is underway. The time for hesitation is over.
This isn't just a random bounce; this is a confirmed reversal on a higher timeframe.
📊 The Bullish Case (Why Buy SOL Now?)
🔹 "W" Bottom on the 4H: The chart has formed a classic and powerful W-shaped bottom, bouncing hard from the $147.50 low. This is a textbook reversal pattern.
🔹 4H MACD CONFIRMED: This is your strongest signal! The MACD on the 4-hour chart has a clear bullish cross, with a positive green histogram. This indicates sustained, powerful momentum is building.
🔹 RSI Has Room to Run: The RSI is at a healthy 50, pointing upwards. This shows that strength is returning, but it's far from overbought, leaving massive room for growth.
🔹 Stochastics Pointing Skyward: The KDJ (Stochastics) is crossed bullishly and climbing, confirming strong short-to-medium term buying pressure.
Trade here $SOL
📈 The Trade Recommendation:
This is a high-conviction trade based on multiple confirmed signals on a strong timeframe.
✅ BUY: In the current zone of $152 – $153
🎯 TP1: $156.35 (The 24-hour high)
🎯 TP2: $161.00
🛑 SL: $147.00 (A tight stop just below the recent swing low)
Trade here $SOL
🔥 The Bottom Line: When multiple indicators align on a higher timeframe like this, it's a very powerful signal. The reversal is confirmed, and the uptrend is just beginning. This is your chance to get in.
👇 What's your end-of-week price target for $SOL ? Let me know! 👇
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