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📊 Short-Term Analysis for $SOL /USDT 🔥
📈 Why a Long Trade?
1️⃣ Key Support Holding at $112 - $114 🚀
🔹 SOL bounced from the $108.21 low and is now holding firm above $115.
🔹 Buyers are stepping in on dips; $114 is acting as short-term demand.
2️⃣ Resistance Ahead at $117 - $118.50 📊
🔹 Price tested $116.99 and pulled back slightly, now consolidating.
🔹 A breakout above $117 could trigger continuation toward $120+.
3️⃣ Healthy Volume After Pullback 🚨
🔹 24H Volume: 5.20M SOL / $587.73M USDT
🔹 Buyers are active in the recovery phase; eyes on breakout signs.
4️⃣ Short-Term Trend Still Intact ✅
🔹 Higher lows forming on 1h/4h – momentum is building back up.
🔹 $112 is key to maintaining bullish structure.
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📊 Short-Term Trade Setup
🔹 Long Entry: $114.00 - $115.20 (On minor pullback)
🎯 Targets: $117.50 / $119.00 / $121.00
🛑 Stop Loss: $111.80 (Below short-term structure)
🔹 Breakout Entry: Above $117.50 with strong candle & volume
🎯 Targets: $120.00 / $122.50
🛑 Stop Loss: $115.50
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🔸 Breakout Confirmation:
✅ Break above $117 = bullish breakout toward $120+
❌ Drop below $112 = exit or re-evaluate trade
⚠️ Risk Management:
🔸 Keep SL tight below structure
🔸 Wait for confirmation with 1h or 4h bullish engulfing candle
📈 Overall Bias: Bullish (as long as $112-$114 holds support)
