๐ SOL/USDT 4H โ Bullish Reversal Setup ๐
๐ Market Structure Analysis
The market has shown a clear uptrend structure with higher lows (HLs) consistently forming along an ascending trendline ๐.
After a recent retracement, price respected the trendline support, signaling potential bullish continuation ๐.
โ๏ธ Key Levels
Support Zone (Demand Area): ๐ข $185 โ $190 โ Buyers defending this region strongly.
Resistance Zone (Target Area): ๐ก $225 โ $230 โ Previous supply zone and structure high.
Invalidation (Stop-Loss Zone): ๐ด Below $185 โ Break of structure if price drops here.
๐งญ Trade Setup (as highlighted)
Entry Idea: Around $195 โ $200 (current price range).
Stop-Loss: ๐ป Below $187 support.
Take Profit: ๐ฏ $227 zone (previous high).
Risk-to-Reward: Approximately 1:2.5, favorable for swing traders โ๏ธ.
๐ก Market Psychology
The chart shows liquidity sweep of previous lows (liquidity grab ๐ง), followed by strong bullish momentum, indicating smart money accumulation (SMC concept).
The yellow arrow shows a potential break of structure (BOS) toward upside continuation.
๐ Summary
โ Bullish momentum respected structure.
โ ๏ธ Watch for confirmation candle close above $205โ$210 before entering.
๐ฅ If confirmed, next bullish impulse could target $227+.
๐ Conclusion: โBuy the Reversal, Ride the Trendโ ๐
Bias: Bullish ๐ข
Strategy: Trend continuation after correction
Confidence: High if price holds above $190
๐ Market Structure Analysis
The market has shown a clear uptrend structure with higher lows (HLs) consistently forming along an ascending trendline ๐.
After a recent retracement, price respected the trendline support, signaling potential bullish continuation ๐.
โ๏ธ Key Levels
Support Zone (Demand Area): ๐ข $185 โ $190 โ Buyers defending this region strongly.
Resistance Zone (Target Area): ๐ก $225 โ $230 โ Previous supply zone and structure high.
Invalidation (Stop-Loss Zone): ๐ด Below $185 โ Break of structure if price drops here.
๐งญ Trade Setup (as highlighted)
Entry Idea: Around $195 โ $200 (current price range).
Stop-Loss: ๐ป Below $187 support.
Take Profit: ๐ฏ $227 zone (previous high).
Risk-to-Reward: Approximately 1:2.5, favorable for swing traders โ๏ธ.
๐ก Market Psychology
The chart shows liquidity sweep of previous lows (liquidity grab ๐ง), followed by strong bullish momentum, indicating smart money accumulation (SMC concept).
The yellow arrow shows a potential break of structure (BOS) toward upside continuation.
๐ Summary
โ Bullish momentum respected structure.
โ ๏ธ Watch for confirmation candle close above $205โ$210 before entering.
๐ฅ If confirmed, next bullish impulse could target $227+.
๐ Conclusion: โBuy the Reversal, Ride the Trendโ ๐
Bias: Bullish ๐ข
Strategy: Trend continuation after correction
Confidence: High if price holds above $190
๐ Market Structure Analysis
The market has shown a clear uptrend structure with higher lows (HLs) consistently forming along an ascending trendline ๐.
After a recent retracement, price respected the trendline support, signaling potential bullish continuation ๐.
โ๏ธ Key Levels
Support Zone (Demand Area): ๐ข $185 โ $190 โ Buyers defending this region strongly.
Resistance Zone (Target Area): ๐ก $225 โ $230 โ Previous supply zone and structure high.
Invalidation (Stop-Loss Zone): ๐ด Below $185 โ Break of structure if price drops here.
๐งญ Trade Setup (as highlighted)
Entry Idea: Around $195 โ $200 (current price range).
Stop-Loss: ๐ป Below $187 support.
Take Profit: ๐ฏ $227 zone (previous high).
Risk-to-Reward: Approximately 1:2.5, favorable for swing traders โ๏ธ.
๐ก Market Psychology
The chart shows liquidity sweep of previous lows (liquidity grab ๐ง), followed by strong bullish momentum, indicating smart money accumulation (SMC concept).
The yellow arrow shows a potential break of structure (BOS) toward upside continuation.
๐ Summary
โ Bullish momentum respected structure.
โ ๏ธ Watch for confirmation candle close above $205โ$210 before entering.
๐ฅ If confirmed, next bullish impulse could target $227+.
๐ Conclusion: โBuy the Reversal, Ride the Trendโ ๐
Bias: Bullish ๐ข
Strategy: Trend continuation after correction
Confidence: High if price holds above $190
๐ Market Structure Analysis
The market has shown a clear uptrend structure with higher lows (HLs) consistently forming along an ascending trendline ๐.
After a recent retracement, price respected the trendline support, signaling potential bullish continuation ๐.
โ๏ธ Key Levels
Support Zone (Demand Area): ๐ข $185 โ $190 โ Buyers defending this region strongly.
Resistance Zone (Target Area): ๐ก $225 โ $230 โ Previous supply zone and structure high.
Invalidation (Stop-Loss Zone): ๐ด Below $185 โ Break of structure if price drops here.
๐งญ Trade Setup (as highlighted)
Entry Idea: Around $195 โ $200 (current price range).
Stop-Loss: ๐ป Below $187 support.
Take Profit: ๐ฏ $227 zone (previous high).
Risk-to-Reward: Approximately 1:2.5, favorable for swing traders โ๏ธ.
๐ก Market Psychology
The chart shows liquidity sweep of previous lows (liquidity grab ๐ง), followed by strong bullish momentum, indicating smart money accumulation (SMC concept).
The yellow arrow shows a potential break of structure (BOS) toward upside continuation.
๐ Summary
โ Bullish momentum respected structure.
โ ๏ธ Watch for confirmation candle close above $205โ$210 before entering.
๐ฅ If confirmed, next bullish impulse could target $227+.
๐ Conclusion: โBuy the Reversal, Ride the Trendโ ๐
Bias: Bullish ๐ข
Strategy: Trend continuation after correction
Confidence: High if price holds above $190
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Join My Refferel Broker Link ๐
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Refferel code ๐
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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.
Join My Telegram Channel Link ๐
t.me/honeyspottrading
Join My Refferel Broker Link ๐
one.exnessonelink.com/a/uvd1etcgg1
Refferel code ๐
uvd1etcgg1
t.me/honeyspottrading
Join My Refferel Broker Link ๐
one.exnessonelink.com/a/uvd1etcgg1
Refferel code ๐
uvd1etcgg1
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.
