SOL/USDT 1H Chart Analysis
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Current Market Structure:
• Price at $217.22, showing bullish momentum after breaking key resistance at $216.
• Hidden Bullish Divergence confirmed on RSI, signaling potential continuation.
• Volume increasing, indicating Smart Money accumulation.
Smart Money Concepts:
• Market Makers engineered a liquidity grab below $208, shaking out weak hands.
• Accumulation phase complete, transitioning into markup phase targeting premium zones.
• Premium zone resistance remains at $232-$240.
Key Levels:
Risk Score:
Market Maker Intent:
Recommendation:
Confidence Level:
🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!
🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!
Current Market Structure:
• Price at $217.22, showing bullish momentum after breaking key resistance at $216.
• Hidden Bullish Divergence confirmed on RSI, signaling potential continuation.
• Volume increasing, indicating Smart Money accumulation.
Smart Money Concepts:
• Market Makers engineered a liquidity grab below $208, shaking out weak hands.
• Accumulation phase complete, transitioning into markup phase targeting premium zones.
• Premium zone resistance remains at $232-$240.
Key Levels:
- Entry Zone: $216-$218
- Targets:
- T1: $232 (previous supply zone)
- T2: $240 (psychological resistance)
- Stop Loss: Below $204 (recent swing low).
Risk Score:
- 7/10 - Favorable risk-reward ratio with clear invalidation levels.
Market Maker Intent:
- Accumulation at discount zones appears complete. Expect price continuation toward $232-$240 liquidity pools. Watch for strong reactions at premium zones.
Recommendation:
- Long positions favorable within the $216-$218 range. Monitor buy volume confirmation on breakout above $232. Keep tight stops to protect against unexpected volatility.
Confidence Level:
- 8/10 for bullish continuation toward premium zone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.