Lingrid | SOLUSDT long from the DEMAND area

SOLUSDT price has entered a consolidation phase after a significant bullish move, oscillating between 160.00 and 120.00. Given the classic trading strategy of buying at the bottom and selling at the top of the pattern, it's logical to anticipate a buy opportunity at the lower end of this range. Notably, the market has already reacted to the key support level at 120.00, with multiple rejection candles forming as it bounces off this level. I expect the price to retest this key level again before potentially moving upwards by taking liquidity below the equal lows. My target is resistance zone around 157.40


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