SOL/USDT 1H: Bulls Preparing for a Push to $270 
2025-01-23
Category: None

SOL/USDT 1H Chart Analysis (SMC Principles)
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Market Structure: 
 
 Consolidation phase after rejection from $270 resistance.
 Signs of accumulation at $245-$250 zone.
 

 Key Observations: 
 
 RSI: Hidden bullish divergence forming, signaling potential upside.
 Volume Profile: Indicates institutional accumulation.
 FVG: Identified between $260-$265.
 Liquidity Pool: Strong support below $240.
 Trade Setup (Confidence Level: 7.5/10):
 Entry Zone: $248-$250
 

 Targets: 
 
 T1: $260 (FVG fill)
 T2: $270 (previous resistance)
 Stop Loss: Below $240 (structural support)
 Risk Score: 6/10 (moderate).
 

 Market Maker (MM) Analysis: 
 
 Smart money accumulating while retail sentiment remains cautious.
 Possible liquidity sweep below $245 before upward move.
 Break above $255 needed to confirm bullish continuation.
 

 Recommendation: 
 
 Enter long positions in the $248-$250 zone with tight risk management.
 Monitor volume and price action for confirmation of continuation above $255.
 Confidence Level: 7.5/10 for a cautious bullish setup.
 
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