SOL/USDT 1H: Bullish Bias – Accumulation & Hidden Divergence?
2025-02-10
Category: None

SOL/USDT 1H: Analysis

 Current Market Structure: 

 
 Price: $200.30, currently in the equilibrium zone.
 RSI: 50.70 (neutral), but note the hidden bullish divergence when compared to price action.
 Structure: Bullish bias with higher lows forming, supporting an upward trajectory.
 

 Trade Setup: 
 
 Position: Long
 Entry Zone: $198 - $200 (after a retest of the current equilibrium zone with a bullish order block formation).
 Targets:
 T1: $207.50
 T2: $215
 Stop Loss: $195 (placed below the recent swing low).
 

 Risk Score: 7/10 
 
 Rationale: Favorable risk-to-reward ratio, but precision on the retest is key.
 

 Smart Money Analysis: 
 
 Accumulation: Visible in the $190 - 195 zone.
 Premium Zone: Established at $220, suggesting a target for market makers.
 

 Market Maker Behavior: 
 
 Likely to trigger stops below $195 before propelling the price upward.
 Volume Profile: Supports the continuation of bullish momentum.
 
 
 Key Recommendation: 
 
 Action: Wait for a retest of the $198 - $200 zone accompanied by a bullish order block formation before entering a long position.
 Caution: Avoid shorts given the overall bullish market structure.
 
