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SOL remains above a strong intraday support level after a sharp rejection from lower levels. The 1-hour structure shows higher lows, indicating strong buyer engagement. Price consolidation above the support level suggests potential for further upward movement.
Trading Setup (Long): Entry Range: 122.20 – 123.00
TP1: 124.80
TP2: 127.00
TP3: 130.00
Stop Loss: 119.80
Market Outlook: As long as the price stays above the key support zone, bullish momentum is likely to continue toward the next resistance level. A clean break of recent highs can accelerate the upward move.
Risk Management: Use appropriate position sizing and avoid high leverage. Always respect stop losses.