🚨 SOL/USDT: Accumulation or distribution? The market is in a decisive zone.
📊 Timeframes: 15m | 1H
SOL is compressing between two key levels. A break of either one could determine the price direction over the next few hours.
🔴 Main resistance
📍 $145.80 – $146.20
✅ If price breaks this zone with a 30-minute candle backed by volume higher than average, the next technical target is around $148.50.
❌ If rejection appears in this area, the odds of a pullback toward the value zone increase.
🟢 Key support
📍 $142.10
A confirmed loss with a 1-hour candle close would trigger a bearish scenario, with a possible target at $139.40.
📈 My market take
Buyer volume has been losing strength over the last bounces. As long as we don’t see a clear entry of volume above $146, I consider there’s a high probability of a fakeout before a correction.
🎯 My trading plan
🟢 Longs
• I would only look for buys if there’s a strong rejection around $142.10, accompanied by a confirming candle.
🔴 Shorts
• I’d look for sells if price is rejected at $146 and then subsequently loses $145.20.
⚠️ Risk management
I never risk more than 2% per trade.
Remember: protecting capital is more important than nailing the entry.
💬 What do you think?
Do you think
$SOL will seek the $138 zone before the next bullish push, or will we see a direct breakout to new highs?
👇 Leave your target price in the comments and let’s compare scenarios!
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