analysis 📊Solana SOL-->>USDT — Technical Analysis (1-Day Timeframe)🚀

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(Shorter timeframes like 4H / 1H / 15M are available in the premium package — highly recommended if you want precise entries and scalping setups!)

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1. Overall Market Structure

1.1 Long-term trend

• SOL has been trading inside a wide range for months, bouncing between repeated support and resistance clusters.

• Recently, the market created a strong bullish impulse from a major demand zone, indicating a potential trend reversal.

1.2 Current trend direction

• The current momentum clearly leans bullish, driven by a sharp vertical move from the lowest red demand area.

• After this breakout, the market shows signs of forming a new upward leg, with aggressive candles suggesting buyers are back in control.

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2. Key Levels Visible on the Chart

2.1 Major Support Zones

You have several thick red zones marked on the chart. The most important ones:

• 150–160 USDT — Strong demand zone

• Multiple historical reactions.

• Price recently bounced hard from here.

• Current “line in the sand” for bulls.

• 135–145 USDT — Secondary support

• This is roughly where price is sitting now.

• Historically acted as a consolidation area.

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2.2 Major Resistance Zones

• 180–200 USDT

• Heavy supply zone.

• Previous breakdown level.

• Likely the next big test.

• 220–250 USDT

• Multi-touch resistance area.

• If broken, SOL opens space toward 300.

• 300–360 USDT

• Visible projected path (green and white line).

• Suggested future target region if the bull run continues.

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3. Patterns and Formations

3.1 V-shaped recovery

The chart clearly shows a very sharp V-shape reversal from the bottom demand zone, which is typically a sign of:

• trapped shorts,

• aggressive reclaim by long-term buyers,

• potential start of a longer bullish trend.

3.2 Projected Higher High / Higher Low Structure

The drawn projection indicates:

• market making a higher high toward ~360,

• followed by correction,

• then another bounce.

This shows that the expected market sentiment is bullish.

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4. Market Sentiment

4.1 Short-term sentiment

Bullish, because:

• Strong bounce off demand,

• Long wick rejections from lows,

• Straight-line impulse rally.

4.2 Mid-term sentiment

Moderately bullish, but price must close above 180–200 to confirm trend continuation.

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5. Trading Plan (What I would personally consider)

(Not financial advice — just my trader’s perspective.)

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5.1 Long Entry Options

Option A — Conservative Entry

• Entry: 150–160 (retest of the strong demand zone)

• Stop-loss: below 135

• Take profit targets:

  • TP1: 180

  • TP2: 200

  • TP3: 250

  • TP4: 300–360

This is the safest long setup.

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Option B — Aggressive Entry (current area)

• Entry: around 135–140 (current price zone)

• Stop-loss: 128–130

• Take profit:

  • TP1: 160

  • TP2: 180

  • TP3: 200

More risk, but faster execution.

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5.2 Short entry?

Not recommended now.
Momentum is strong to the upside and shorting into strength is dangerous.

A short setup would only make sense if:

• price rejects 200–250 with strong bearish candles.

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6. Summary

SOL shows clear signs of:

• strong recovery from demand,

• shift toward bullish momentum,

• higher projected targets toward 300–360 if resistance zones break.

The best play right now:
➡️ Look for long positions on pullbacks, especially around 150–160.
Avoid shorts until SOL shows weakness at higher resistance zones.