SOL / TetherUS

SOL is missing only one thing for the price to explode

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⚡️ Hello everyone! I decided to update my idea a little and take a closer look at the 4-hour timeframe on SOL.

After closing the gap from below, the price is now trying to consolidate at key levels of 141-150. If it fails, the nearest strong support is at 133.

📈 At the same time, the price has entered the buying range. This is a signal for position traders to accumulate positions.

⚙️ Metrics and indicators:
Money Flow - divergence with price. While the price fell from 300 to 140, liquidity remained virtually unchanged and is in a neutral zone.

Liquidity Depth - there is increasing liquidity at the top. On the daily timeframe, there is already an almost 5-6 times overweight in shorts. On the 4-hour timeframe, it is currently almost x2. And as we know, the price moves from one liquidity zone to another.

📌 Conclusion:
SOL continues to see liquidity inflows and huge demand. However, there is still one catalyst missing for a powerful price breakout: an ETF on SOL.

Institutional inflows into SOL are precisely the factor that could be the key piece of the puzzle for the next leg of the trend.


Have a great weekend, everyone!

Penafian

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