$SOL
Market Structure Analysis (SMC)
Trend: Recently shifted bullish; price broke structure and created a new Higher High after reclaiming the 200 EMA (128.23).
Key Swing Low: 95.26 (internal liquidity sweep before bullish move)
Break of Structure (BOS): Occurred after price broke above 115.63 and then 127.11.
Order Block (OB): Bullish 4H order block around 120.50 - 124.50 (aligned with EMA 55 & 21)
Liquidity Pools:
Sell-side liquidity: taken below 95.26 (market-maker sell-side sweep)
Buy-side liquidity: above 138.60 and 147.48 (potential target zones)
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Indicators Analysis
EMA 21 & 55 crossover: Bullish crossover confirms uptrend
Price is above EMA 200: Indicates momentum shift
MACD: Bullish, histogram weakening slightly but still above zero
RSI(6): Overbought (75.08) — short-term retracement expected
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Trading Setup (Long Position)
Type: Pullback Entry
Style: Swing trade
Bias: Bullish
Entry Zone: $121.00 - $124.50 (bullish order block / EMA 21-55 zone)
Stop Loss: $118.00 (below order block and recent minor structure)
Take Profit 1 (TP1): $138.60 (previous high and internal liquidity)
Take Profit 2 (TP2): $147.50 (external liquidity sweep)
Take Profit 3 (TP3 - optional): $150.00 psychological level
Risk/Reward (TP1): Approx 1:2
Trade Management:
Partial TP at TP1
Move SL to breakeven after TP1 hit
Trail the rest using swing lows
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Summary
Current momentum supports bullish continuation.
Wait for retracement to the order block zone before entering.
Protect capital below the invalidation level ($118).
Watch RSI cooling and MACD histogram direction before entering.