🚀 $SOL /USDT – Eyes on the Breakout! Falling Wedge + FVG Bounce Setup! 🔥💯
Current Price: $101.50 (–4.16%)
Market Structure Overview:
• Price has been in a strong downtrend inside a falling wedge pattern
• Multiple bearish FVGs filled during the drop
• Recent BOS (Break of Structure) suggests weakening bearish control
• Price is bouncing from a fresh bullish FVG zone
Key Levels:
• Resistance to Watch: $103.50 – $105.00 (trendline + upper wedge)
• Support Zone: $98.80 – $100.00 (FVG and demand confluence)
• Breakout Target: $110 – $112 (inefficiency zones)
• Invalidation: Below $98
Setup Insight:
• Double BOS indicates potential shift in short-term trend
• Price is consolidating below trendline – breakout potential is high
• Buy signals already plotted near FVG support area
• Green arrow suggests projected move if breakout confirms
Pro Tip:
Wait for a confirmed candle close above the trendline and FVG flip zone for entry. Use trailing stops to ride the wave toward imbalanced zones above.
SOL bulls might be loading the spring – a breakout from this wedge could trigger a sharp recovery toward $110+!
Keep alerts set and be ready for volume confirmation!
$SOL
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