SOUL for a SOL - Part 1
SOL / TetherUS BINANCE:SOLUSDT
Hey Guys! This is M-Prof of SOL
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/
