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$SOL Signal】Long - 1H Strong Consolidation, Building Up to Break Previous High
$SOL The 1H timeframe is consolidating strongly around 85.0, with the price staying close above the EMA20 (83.13), rejecting a deep pullback. The 4H timeframe has broken through the previous downtrend and stabilized above EMA20 (82.14), forming a bullish structure. Currently, the 1H RSI (70.53) is somewhat high, but the sideways movement indicates a strong correction, and after accumulating strength, a further upward move is expected.
🎯Direction: Long (Long)
🎯Entry/Order: 84.70 - 84.90 (Reason: Support at 1H EMA2