SOL is showing early signs of a bullish reversal after a sharp sell-off from the 97 area into a low near 83.2.
On the 4H chart, price appears to have formed a Higher Low (HL) and broken the local Lower High (LH) structure, suggesting a possible Change of Character (CHoCH) and the beginning of a bullish shift.
That said, price is still trading below a major HTF supply zone around 89–90, so this is not a “buy blindly” setup — confirmation remains key.
Market Context
Strong bearish trend from ~97 down to 83
Liquidity sweep below the 83 low
Price built a Higher Low
Local bearish structure broken on lower TF
1H bullish momentum improving
Price is now trading above the EMA ribbon (short-term bullish shift)
Scenario A — Pullback Long (Preferred)
I prefer patience here and would look for a retracement into support before entering.
Entry Zone: 86.2 – 86.5
Confirmation: bullish reaction + micro BOS on 5m / 15m
Scenario B — Breakout Long
If SOL closes above short-term resistance with strength:
Condition: 1H close above 88.20
Entry: 88.20 – 88.40 after retest
Stop Loss: 87.20
Invalidation
Bullish thesis weakens if:
1H closes below 85.50
Price loses the 85.0 – 85.5 support zone
Pullbacks show aggressive selling with no bullish reclaim
My Bias
A short-term bullish reversal is developing, but the price remains below major HTF resistance.
Not chasing the impulse here. Best RR comes from pullback confirmation or breakout + retest.
As always:
Educational idea only — not financial advice.
On the 4H chart, price appears to have formed a Higher Low (HL) and broken the local Lower High (LH) structure, suggesting a possible Change of Character (CHoCH) and the beginning of a bullish shift.
That said, price is still trading below a major HTF supply zone around 89–90, so this is not a “buy blindly” setup — confirmation remains key.
Market Context
Strong bearish trend from ~97 down to 83
Liquidity sweep below the 83 low
Price built a Higher Low
Local bearish structure broken on lower TF
1H bullish momentum improving
Price is now trading above the EMA ribbon (short-term bullish shift)
Scenario A — Pullback Long (Preferred)
I prefer patience here and would look for a retracement into support before entering.
Entry Zone: 86.2 – 86.5
Confirmation: bullish reaction + micro BOS on 5m / 15m
Scenario B — Breakout Long
If SOL closes above short-term resistance with strength:
Condition: 1H close above 88.20
Entry: 88.20 – 88.40 after retest
Stop Loss: 87.20
Invalidation
Bullish thesis weakens if:
1H closes below 85.50
Price loses the 85.0 – 85.5 support zone
Pullbacks show aggressive selling with no bullish reclaim
My Bias
A short-term bullish reversal is developing, but the price remains below major HTF resistance.
Not chasing the impulse here. Best RR comes from pullback confirmation or breakout + retest.
As always:
We don’t predict. We plan.
We don’t hope. We execute.
Educational idea only — not financial advice.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.