【$SOL Signal】Long | Volume and Price Rise Together for Breakout
$SOL After volume surged, the price action indicates a healthy breakout rather than a top-selling pressure. Open interest is rising in sync, suggesting that institutional funds are entering the market to push prices higher, rather than shorts being forced to cover passively.
🎯 Direction: Long
🎯 Entry: 102.80 - 103.50
🛑 Stop Loss: 99.90 ( Rigid Stop Loss )
🚀 Target 1: 108.00
🚀 Target 2: 112.50
$SOL Consolidation above a key psychological level, with buying pressure continuously absorbing short-term profit-taking, gradually raising the lows of pullbacks. The current volume-price structure shows market sentiment shifting from hesitation to consensus. As long as the price stays above the breakout zone, the probability of upward momentum continuing is higher. This is a typical breakout-following strategy with a clear risk-reward ratio.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$SOL Signal】Long | Volume and Price Rise Together for Breakout
$SOL After volume surged, the price action indicates a healthy breakout rather than a top-selling pressure. Open interest is rising in sync, suggesting that institutional funds are entering the market to push prices higher, rather than shorts being forced to cover passively.
🎯 Direction: Long
🎯 Entry: 102.80 - 103.50
🛑 Stop Loss: 99.90 ( Rigid Stop Loss )
🚀 Target 1: 108.00
🚀 Target 2: 112.50
$SOL Consolidation above a key psychological level, with buying pressure continuously absorbing short-term profit-taking, gradually raising the lows of pullbacks. The current volume-price structure shows market sentiment shifting from hesitation to consensus. As long as the price stays above the breakout zone, the probability of upward momentum continuing is higher. This is a typical breakout-following strategy with a clear risk-reward ratio.
Trade here 👇 $SOL
---
Follow me: Get more real-time analysis and insights on the crypto market!
#Gate广场创作者新春激励
#WhenWillBTCRebound?