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Saturday, May 10, 2025

SOUL for a SOL - Part 1

SOUL for a SOL - Part 1

SOL / TetherUS BINANCE:SOLUSDT

Hey Guys! This is M-Prof of SOL

snapshot

The 4H SVP chart of SOL/USDT shows a clean bullish continuation with strong volume acceptance at higher levels. After consolidating around the $166–$170 range where the POC and VAL stacked tightly, Solana broke out impulsively, forming a fresh profile with value clearly migrating higher. The new POC and VAH are now centered near $174–$176, confirming that buyers are comfortably accepting higher prices. The thin tail below $171 shows rejection of lower prices, suggesting a strong demand zone now sits between $171 and $173. As long as SOL holds above this value area, any dip into that range offers a good risk-reward long opportunity. If the price accepts above $176.5, it could trigger further upside targeting $180+. Bias remains bullish above $171.

Coming to my doodle - Breaking the blue box would drag to the green one, changing structure though the latter towards the top is most probable!


source https://www.tradingview.com/chart/SOLUSDT/CiZiiEXO-SOUL-for-a-SOL-Part-1/

Potential outside week and bullish potential for PRN

Potential outside week and bullish potential for PRN

Entry conditions:
(i) higher share price for PRN above the level of the potential outside week noted on 2nd May (i.e.: above the level of $1.38).

Stop loss for the trade would be:
(i) below the low of the outside week on 28th April (i.e.: below $1.29), should the trade activate.



source https://www.tradingview.com/chart/PRN/DmHhQ2xq-Potential-outside-week-and-bullish-potential-for-PRN/