SOL/USDT 1H: Bulls Targeting $267 After Key AccumulationSOL/USDT 1H Chart Analysis (SMC Principles)
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Confidence Level: 8/10
Current Market Condition:
Price testing critical resistance near $237.
Hidden Bullish Divergence: Lower lows in price with higher lows on RSI, signaling potential reversal.
Accumulation Zone: Visible at $225-$230, with market makers positioning for upward movement.
Key Levels:
Support: $225-$230 (strong accumulation zone).
Resistance:
T1: $245
T2: $252
T3: $267
Trade Setup:
Entry Zone: $235-$237
Targets:
T1: $245
T2: $252
T3: $267
Stop Loss: Below $230 (recent accumulation zone).
Risk Score: 7/10 (moderate).
Market Maker Analysis:
Clear accumulation phase suggests preparation for liquidity targeting above $245.
Smart money activity supports bullish continuation.
Recommendation:
Long position recommended in the $235-$237 range with tight stops.
Monitor volume for confirmation as price approaches $245.
Confidence Level: 8/10 for bullish expansion.
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