$SOL — Bullish Continuation After Demand Defense and Breakout 🚀

Price showed a strong bullish move after sweeping liquidity at 76.6 and rallying aggressively to 85.6, confirming real demand stepped in. The current slight pullback is holding above reclaimed support around 83–84, indicating the breakout is being accepted, not rejected.

Market Read:

Trend has shifted from lower highs to higher highs following the 76 → 85 impulsive leg. The pause near the highs is healthy consolidation, not distribution, as buyers continue defending prior resistance-turned-support.

Entry Zone: 82.8 – 84.2 (retest of breakout zone + support hold)

Targets:

TP1: 88.5

TP2: 94

TP3: 102

Stop Loss: 79.6 (below structure support and momentum base)

Why this setup works:

1. Liquidity sweep at 76.6 trapped sellers

2. Impulsive rally shows institutional demand

3. Pullback holding above 83 confirms acceptance

If buyers maintain above 83, price is likely to push toward 86 highs, then 88.5 → 94, and potentially 102 as prior resistance zones from higher timeframes align. Risk is well-defined with invalidation below 79.6, while upside remains open above highs.

Bullish structure is intact — demand is holding. Time to trade $SOL !

SOL
SOL
86.43
-2.60%

#SOL #Solana #CryptoTrading #BullishSetup #AltcoinMomentum 🚀