Hi friends! I think that CPI (inflation in US) data today will show us the trend for at least 1 month. I expect the local manipulation with sl collection and the next move up. The whales will buy enough SOL during this manipulation to push the price higher.
📊 Preconditions to open a long:
🔥 whales trap+volume growth
🔥 squeeze to the trendline
🔥 DOM and Footprint show the pressence of buyer (HUGE BUY ORDERS)
🔥 bullish BTC
🚩 The volume is the powerfull indicator which can help you to find the place where the most trades did. If this is a bottom, usually it become the best ebtry point to long.
📊 The targets for SOL:
1. $35 - the closest resistance and key level
2. $38-41 - the HUGE value area
3. $48-50 - key levels and local highs. Mid term targets
✅ I reccomend you to book 50% of profit when the price reach the 2nd target.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade