🟠 SOL/USDT Technical Outlook – Demand Zone Holding, Breakout Setup Building
🔍 1. Current Market Structure:
Price: ~$143.24
Trend: Recovering after a sharp drop; currently consolidating
Range: Support between 137.4–140 | Resistance around 148–150 (Target Zone)
🌥️ 2. Ichimoku Cloud Analysis:
Price is inside the Kumo (cloud) — showing a neutral zone where neither bulls nor bears are fully in control.
The future cloud is thin and flat, which often acts as a magnet for price and indicates potential for a breakout move.
A bullish TK cross (Tenkan above Kijun) may soon develop if the price holds above the cloud.
🧱 3. Support & Demand Zone:
Price recently tested and bounced from a major demand zone (~137–140), marked by:
A visible Volume Profile high node
Previous strong reactions and wick rejections
This suggests buyers are defending aggressively.
💡 4. Pattern & Forecast (White Curve Path):
The white projection line shows a rounded retest pattern, suggesting:
Price may dip slightly back into the demand zone
Then surge upward, targeting previous structure resistance near $148–150
📊 5. Volume Profile Read:
High volume activity in the current consolidation area, showing accumulation.
Low volume gap above, indicating price could move quickly once it clears the cloud (~$144–$145).
🎯 Trade Plan Summary:
Condition Action
Hold Above $137.4 Expect bullish continuation toward target
Break Above $145 Strong breakout signal; buyers confirmed
Target Zone $148–$150 (previous support turned resistance + liquidity zone)
Invalidation Close below $136 — suggests continuation lower
🧠 Final Insight:
“SOL/USDT is showing strength from a major demand zone. With price stabilizing inside the Ichimoku cloud and a projected retest path in play, the market looks ready for a breakout toward the $150 area — if buyers maintain control above $137.”
🔍 1. Current Market Structure:
Price: ~$143.24
Trend: Recovering after a sharp drop; currently consolidating
Range: Support between 137.4–140 | Resistance around 148–150 (Target Zone)
🌥️ 2. Ichimoku Cloud Analysis:
Price is inside the Kumo (cloud) — showing a neutral zone where neither bulls nor bears are fully in control.
The future cloud is thin and flat, which often acts as a magnet for price and indicates potential for a breakout move.
A bullish TK cross (Tenkan above Kijun) may soon develop if the price holds above the cloud.
🧱 3. Support & Demand Zone:
Price recently tested and bounced from a major demand zone (~137–140), marked by:
A visible Volume Profile high node
Previous strong reactions and wick rejections
This suggests buyers are defending aggressively.
💡 4. Pattern & Forecast (White Curve Path):
The white projection line shows a rounded retest pattern, suggesting:
Price may dip slightly back into the demand zone
Then surge upward, targeting previous structure resistance near $148–150
📊 5. Volume Profile Read:
High volume activity in the current consolidation area, showing accumulation.
Low volume gap above, indicating price could move quickly once it clears the cloud (~$144–$145).
🎯 Trade Plan Summary:
Condition Action
Hold Above $137.4 Expect bullish continuation toward target
Break Above $145 Strong breakout signal; buyers confirmed
Target Zone $148–$150 (previous support turned resistance + liquidity zone)
Invalidation Close below $136 — suggests continuation lower
🧠 Final Insight:
“SOL/USDT is showing strength from a major demand zone. With price stabilizing inside the Ichimoku cloud and a projected retest path in play, the market looks ready for a breakout toward the $150 area — if buyers maintain control above $137.”
Forex Market Analyst | XAU/USD Specialist
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Forex Market Analyst | XAU/USD Specialist
. VIP Signal Channel for Premium Insights
. Comprehensive Forex Mentorship Program
. Affiliate Program for growth-driven partners
Join Our Telegram t.me/Goldsignalspro12
. VIP Signal Channel for Premium Insights
. Comprehensive Forex Mentorship Program
. Affiliate Program for growth-driven partners
Join Our Telegram t.me/Goldsignalspro12
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.