Range Breakout with Momentum Expansion
$SOL Long Setup
Trade Plan
Entry: $82.50 – $84.00
Stop Loss: $79.50
Take Profit Targets:
TP1: $86.00
TP2: $89.00
TP3: $92.00
Setup Reasoning
$SOL has pushed above the $82.00 range resistance with a strong bullish 1H close, signaling breakout intent. After printing consistent higher lows from the $76.00 demand zone, momentum is building in favor of continuation.
As long as price holds above the $82.00 breakout level, structure remains supportive for upside expansion toward $86.00 and $89.00. A decisive break and hold above $86.00 could open acceleration toward the $92.00 region.
Key Level to Watch:
Reclaiming and sustaining above $90.00 would confirm a stronger short-term bullish structure shift and increase the probability of continuation.
Manage risk accordingly and let the breakout confirm strength.
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