Technical analysis by Ali-Traders-Pro about Symbol SOL: Buy recommendation (1/7/2026)

Ali-Traders-Pro
SOL/USDT Technical Analysis

🚀 SOL/USDT Technical Analysis – Breakout & Continuation Setup 📊 🧭 Market Structure Overview Trend Bias: ✅ Bullish Price has successfully broken above a long consolidation zone and is now printing higher highs & higher lows, confirming a trend shift. The structure transitioned from accumulation → expansion, a classic continuation signal. 📦 Key Zones & Levels 🟨 Former Consolidation Zone (Now Support): 129.50 – 132.50 USDT This area acted as strong resistance previously and is now a demand zone. Holding above this zone keeps the bullish structure intact. 🔵 Current Price Area: Around 137.9 USDT Price is pausing after an impulsive move → healthy consolidation / flag behavior 🟢 Upside Target (Higher High): 144.90 USDT Marked as “HIGHER” on the chart – aligns with previous supply & projected continuation. 🔴 Major Downside Protection: 116.7 – 115.7 USDT Structural invalidation level (only relevant if market breaks down strongly). 📈 Momentum & Indicator Insight 📉 RSI (~41–42): RSI is cooling off after expansion, not overbought. This suggests room for continuation after a pullback or sideways move. Bullish continuation often starts when RSI reclaims 50+. 🔁 Expected Price Scenarios ✅ Primary Scenario (High Probability): Shallow pullback → higher low above 132 Break above local resistance Continuation toward 144.9 USDT 🎯 ⚠️ Alternative Scenario: Deeper retracement into 132–130 As long as price holds above consolidation support, bias remains bullish. ❌ Invalidation: Strong breakdown below 129 Would shift bias back to range / bearish correction. 🧠 Professional Takeaway 💡 This is a textbook bullish continuation setup Breakout + retest + higher low structure Best opportunities often come on pullbacks, not green candles. 🏁 Summary 🟢 Trend: Bullish 🟢 Structure: Higher High / Higher Low 🟢 Target: 144.9 USDT 🟡 Support to Watch: 132 USDT 🔴 Invalidation: Below 129 USDT