June 29, 2026

SOL reversal

SOL reversal

SOL reversal

SOL reversal

SOL / TetherUS BINANCE:SOLUSDT
CMSTrading


SOL reversal

Price was in falling wedge , broke to upside and made large move. Price has since came back down to daily support and 38.2% fib retracement and is at lower bb band on 4 & 1h charts. We have bullish divergence on 1h chart and a high volume hammer on previous hourly close showing bull strength at support. On the 15 min, we saw price break and hold previous structure with a wick down before closing higher. We have multiple high volume bullish candles in a row on 15 min showing bullish institutional intrest at these price levels

Stop loss: Below daily zone, lowest low

Take profit: At previous high of recent move

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