Solana (SOL): GREAT BUYING OPPORTUNITY?
1 extracted signal · 0 resolved · 1 still active
FJ TradingIndependent analyst profile- Source published
- 31 Oct 2026, 15:00 UTC
- Recorded by Tahlil Plus
- 31 Oct 2026, 17:26 UTC
AI-generated source summary
The analysis focuses on Solana (SOLUSDT) on a daily chart, identifying a key bullish order block between 95.77 and 102.4. The current price is observed to be testing the lower boundary of this block. The speaker anticipates a potential bounce from this level, targeting liquidity grab above the red area around 116.00-124.00, which also acts as a significant resistance. A stop-loss is proposed below the recent low created during a previous fakeout, specifically around 5%, which translates to approximately 92.00. The primary target is set at the previous high, with a secondary target identified around 28.17 and a more aggressive target at 29.18, aiming for the significant resistance zone. The risk-reward ratios are favorable, with the first setup showing a ratio of 2.23 and the second one exceeding 6. The critical invalidation level for this bullish setup is considered to be a daily candle close below the identified order block, around 92.00, which would suggest further downside movement.
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