SOL/USDT 1H: Bulls Targeting $267 After Key Accumulation

SOL/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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