đ Chart Analysis
Current Price: $191.96
Key Levels:
Support zones: $185.18 â $181.85, deeper $176 â $167.91.
Resistance: $208 (rejection zone), liquidity sitting above $212 âweak high.â
Market structure:
Previous sharp move up â rejection around $208.
FVG (Fair Value Gap) identified in the $188 â $195 range, currently filling.
Liquidity buildup above $212 is marked as vulnerable.
đ Bullish Trade Setup
Entry Zone:
Conservative: Wait for clean break & hold above $195 (top of FVG).
Aggressive: Enter near $188 â $191 (current zone) with stops under $185.
Targets:
First target: $204 â $208 (retest rejection area).
Second target: $212 sweep (liquidity grab).
Extended target: $215 â $216 (trend continuation).
Stop Loss:
Safe stop under $181.5 (below FVG).
Tighter stop for scalpers: under $185.
Risk-to-Reward (R:R):
Aggressive entry ($191 â stop $185 â target $212) â 1:3.5.
Conservative entry ($195 â stop $185 â target $212) â 1:1.7.
đ Bearish Setup (if rejection holds at $195â$200):
Short near $200â$204 with stop above $208.
Target FVG mid / lower bound â $185 â $181.
If broken, extended downside: $176 â $172 zone.
â Execution Tip:
Confirmation matters â wait for 1H/4H close above $195â$200 for longs, or rejection candle near $204 for shorts.
Liquidity above $212 is key magnet if bulls regain momentum.
#SOL #Solana #CryptoTrading #CryptoSetup #PriceAction #LiquidityHunt #MarketStructure #CryptoCharts #SmartMoney #CryptoAnalysis #TradeSetup #BullishScenario #Altcoins #CryptoCommunity