$SOL $USDT : Last Liquidity Area Before a Big Move?

Price is currently trading inside a falling channel on the 1-hour chart. It has touched the lower edge and is now pushing upward, with a possible breakout and retest of the upper channel line.

RSI Behavior

The RSI is trending downward and nearing its lower range, which often signals that a rebound to the upside may happen soon.

Strong Support Zone

There is a major support area marked in green around 132. Price has reacted from this zone multiple times, and another bounce is likely.

Moving Average Support

The indicator suggests price is moving into a consolidation phase above the 100-period moving average, which we are close to reaching—this supports a potential upward move.

Trade Plan

Entry: 133.50

Target 1: 134.93

Target 2: 137.30

Target 3: 140.25

Stop Loss: Below the green support zone

Key Reminder:

Always follow proper risk and money management.

Drop your questions in the comments if you have any.

Trade smart on $SOL ✅