【$SOL Signal】Bullish - Healthy Reset After Liquidation Cleanup

$SOL Price drops but open interest remains high. Combined with market logic, this suggests it is more like a liquidation cleanup caused by long positions being wiped out, rather than main players offloading. The price is consolidating above a key demand zone, and selling pressure has been effectively absorbed.

🎯 Direction: Long

🎯 Entry: 120.5 - 121.5

🛑 Stop Loss: 118.0 ( Rigid Stop Loss )

🚀 Target 1: 128.0

🚀 Target 2: 135.0

$SOL Maintaining above the key support zone on the 4-hour timeframe, a price decline with increased volume under high open interest is a typical liquidation cleanup feature. The chart shows the pullback has been orderly absorbed by buyers, with no signs of panic selling. Multiple lower shadows on the lower timeframes indicate strong demand below. As long as the 118.0 support holds, this round of cleanup provides a healthy reset for subsequent upward movement.

Trade here 👇 $SOL

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