💥 SOLUSD PULLBACK OPPORTUNITY – BULLISH CONTINUATION SETUP 📈🔥
SOLUSD Technical Analysis (2H Timeframe)
📊 Market Structure: Bullish Recovery with Pullback
SOLUSD ne strong downtrend ke baad trendline breakout diya aur ab higher low structure maintain kar raha hai. Current move ek healthy pullback lag raha hai towards demand zone, jahan se bullish continuation expected hai.
🔎 Key Observations:
• Descending trendline breakout confirmed
• Higher lows formation (structure shift)
• Price pulling back into demand zone
• Bullish continuation likely after support hold
🎯 Bullish Targets:
• TP1: 70.00 (1st Resistance Zone)
• TP2: 76.00 (Major Resistance Zone)
🛑 Stop Loss:
Below 61.50 (Structure Invalidation Level)
❌ Invalidation:
A strong close below 61.50 will invalidate the bullish setup and shift momentum bearish.
📈 Bias:
Bullish continuation expected after pullback as long as price holds above demand zone and maintains higher low structure.
SOLUSD Technical Analysis (2H Timeframe)
📊 Market Structure: Bullish Recovery with Pullback
SOLUSD ne strong downtrend ke baad trendline breakout diya aur ab higher low structure maintain kar raha hai. Current move ek healthy pullback lag raha hai towards demand zone, jahan se bullish continuation expected hai.
🔎 Key Observations:
• Descending trendline breakout confirmed
• Higher lows formation (structure shift)
• Price pulling back into demand zone
• Bullish continuation likely after support hold
🎯 Bullish Targets:
• TP1: 70.00 (1st Resistance Zone)
• TP2: 76.00 (Major Resistance Zone)
🛑 Stop Loss:
Below 61.50 (Structure Invalidation Level)
❌ Invalidation:
A strong close below 61.50 will invalidate the bullish setup and shift momentum bearish.
📈 Bias:
Bullish continuation expected after pullback as long as price holds above demand zone and maintains higher low structure.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
