$BTC
The filter has been activated – High-value setup at $165.20
A long position of $1,100.20 was filtered at $165.20, revealing increased volatility and potential pressure on leveraged long positions.
Price Structure Overview:
SOL has tested and was pushed near short-term support at $166, now hovering in a critical decision area.
Immediate resistance is around $172, while the next support is seen at $158, a historically significant area.
Market Sentiment:
The trend remains cautiously optimistic on longer timeframes, but short-term weakness is evident as buyers fail to hold above the mid-$160s. A correction may occur before further upside.
Trade Setup:
Buy Zone: $158–161 (preferably after price stabilizes)
Sell Target: $171–174
Stop Loss: $154 to define risk if the bearish trend deepens
Tactical Note: A wick below $160 followed by strong buying could trigger a bullish engulfing setup. Watch for daily closes above $166 to confirm renewed strength.