SOL/USDT 1H: Bulls vs Bears - Waiting for the Breakout Battle! 
2025-01-31
Category: None

SOL/USDT 1H Chart Analysis
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 Current Market Structure: 
 
 Price: $239.99, showing rejection at premium zone ($245).
 Trend: Bearish after breaking previous swing low.
 RSI: Hidden Bearish Divergence forming between price highs and RSI.
 

 Smart Money Activity: 
 
 Accumulation: Likely happening at discount zone ($222-225).
 Market Makers Intent: Distribution visible, suggesting potential downside to retest support.
 
 Risk Assessment: 
 
 6/10: Mixed signals from current range.
 
 Concerns: 
 
 RSI leaning bearish.
 Price trapped between Fair Value Gap (FVG) zones.
 
 Key Levels: 
 
 Resistance: $245 (premium zone).
 Support: $222-225 (discount zone), critical level at $232.
 
 Recommendation: 
 
 Wait for confirmation:
 Break above $245 for long entries.
 Break below $232 for short setups.
 Avoid entering while price remains range-bound.
 
 Market Maker Intent: 
 
 Distribution: Ongoing at current levels.
 A move down to retest support is likely unless the range is decisively broken.
  Patience is key here Wait for a clear breakout or breakdown to confirm the next move. 🚨
 
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