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【$SOL Signal】Long - Healthy Reset After Liquidation Cleanup
$SOL Price decline accompanied by high open interest presents a typical bullish liquidation washout, rather than a main force distribution. A healthy reset prepares for the next upward push.
🎯 Direction: Long
🎯 Entry: 126.5 - 128.0
🛑 Stop Loss: 124.0 ( Rigid Stop Loss )
🚀 Target 1: 132.0
🚀 Target 2: 136.5
The price stabilizes above the key demand zone, and the decline under high open interest is effectively absorbed by buying, forming a bull trap. The LTF shows signs of exhausted supply; as long as the 124.0 support holds, the market structure remains bullish. The liquidation cleanup is a healthy correction, clearing obstacles for breaking previous highs.
Trade here 👇 $SOL
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