๐ SOL/USDT Technical Outlook โ Demand Zone Holding, Breakout Setup Building
๐ 1. Current Market Structure:
Price: ~$143.24
Trend: Recovering after a sharp drop; currently consolidating
Range: Support between 137.4โ140 | Resistance around 148โ150 (Target Zone)
๐ฅ๏ธ 2. Ichimoku Cloud Analysis:
Price is inside the Kumo (cloud) โ showing a neutral zone where neither bulls nor bears are fully in control.
The future cloud is thin and flat, which often acts as a magnet for price and indicates potential for a breakout move.
A bullish TK cross (Tenkan above Kijun) may soon develop if the price holds above the cloud.
๐งฑ 3. Support & Demand Zone:
Price recently tested and bounced from a major demand zone (~137โ140), marked by:
A visible Volume Profile high node
Previous strong reactions and wick rejections
This suggests buyers are defending aggressively.
๐ก 4. Pattern & Forecast (White Curve Path):
The white projection line shows a rounded retest pattern, suggesting:
Price may dip slightly back into the demand zone
Then surge upward, targeting previous structure resistance near $148โ150
๐ 5. Volume Profile Read:
High volume activity in the current consolidation area, showing accumulation.
Low volume gap above, indicating price could move quickly once it clears the cloud (~$144โ$145).
๐ฏ Trade Plan Summary:
Condition Action
Hold Above $137.4 Expect bullish continuation toward target
Break Above $145 Strong breakout signal; buyers confirmed
Target Zone $148โ$150 (previous support turned resistance + liquidity zone)
Invalidation Close below $136 โ suggests continuation lower
๐ง Final Insight:
โSOL/USDT is showing strength from a major demand zone. With price stabilizing inside the Ichimoku cloud and a projected retest path in play, the market looks ready for a breakout toward the $150 area โ if buyers maintain control above $137.โ
๐ 1. Current Market Structure:
Price: ~$143.24
Trend: Recovering after a sharp drop; currently consolidating
Range: Support between 137.4โ140 | Resistance around 148โ150 (Target Zone)
๐ฅ๏ธ 2. Ichimoku Cloud Analysis:
Price is inside the Kumo (cloud) โ showing a neutral zone where neither bulls nor bears are fully in control.
The future cloud is thin and flat, which often acts as a magnet for price and indicates potential for a breakout move.
A bullish TK cross (Tenkan above Kijun) may soon develop if the price holds above the cloud.
๐งฑ 3. Support & Demand Zone:
Price recently tested and bounced from a major demand zone (~137โ140), marked by:
A visible Volume Profile high node
Previous strong reactions and wick rejections
This suggests buyers are defending aggressively.
๐ก 4. Pattern & Forecast (White Curve Path):
The white projection line shows a rounded retest pattern, suggesting:
Price may dip slightly back into the demand zone
Then surge upward, targeting previous structure resistance near $148โ150
๐ 5. Volume Profile Read:
High volume activity in the current consolidation area, showing accumulation.
Low volume gap above, indicating price could move quickly once it clears the cloud (~$144โ$145).
๐ฏ Trade Plan Summary:
Condition Action
Hold Above $137.4 Expect bullish continuation toward target
Break Above $145 Strong breakout signal; buyers confirmed
Target Zone $148โ$150 (previous support turned resistance + liquidity zone)
Invalidation Close below $136 โ suggests continuation lower
๐ง Final Insight:
โSOL/USDT is showing strength from a major demand zone. With price stabilizing inside the Ichimoku cloud and a projected retest path in play, the market looks ready for a breakout toward the $150 area โ if buyers maintain control above $137.โ
Forex Market Analyst | XAU/USD Specialist
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Penafian
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Forex Market Analyst | XAU/USD Specialist
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. VIP Signal Channel for Premium Insights
. Comprehensive Forex Mentorship Program
. Affiliate Program for growth-driven partners
Join Our Telegram t.me/Goldsignalspro12
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.