SOL/USDT – Bullish Reversal Setup (1H Timeframe)-wk9

We are closely monitoring SOL/USDT on the 1-hour chart. Although the pair has been in a bearish trend, recent developments suggest a potential trend reversal.

A clear bullish divergence has formed, signaling underlying momentum shift. More importantly, a falling wedge—a classic bullish reversal pattern—has emerged. With this confluence of signals, we're now confident in a bullish breakout scenario.

🔹 Pair: SOL/USDT
🔹 Timeframe: 1H
🔹 Trend: Bearish (Bullish Reversal expected)
🔹 Pattern: Falling Wedge
🔹 Divergence: Bullish
🔹 Bias: Bullish
🔹 Entry (Buy Stop): 148.24
🔹 Stop Loss: 142.77
🔹 Take Profit 1: 153.71
🔹 Take Profit 2: 159.18
🔹 Risk/Reward: 1:1 and 1:2
🔹 Risk: $200
🔹 Potential Reward: $300

🎯 Strategy: Waiting for price to break last LH and trigger our buy stop level. Trade is structured with a calculated risk-to-reward profile.

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