$SOL is pushing into its prior local high at $249.6 with strong momentum.
The 4H candles show consistent higher lows and volume backing the breakout attempt — bias is clearly bullish. This looks like a continuation long setup.
Long Setup
• Entry: $246 – $249 (current breakout zone)
• Target 1: $255
• Target 2: $263
• Target 3: $275
• Stop-loss: $239
• Invalidation: 4H close back under $236
Analysis:
SOL has been in a strong uptrend since $215 and is now testing breakout levels again. If it clears $250 with volume, the path to $263–$275 opens quickly. Any rejection here likely finds support at $239–$243, which would be a solid re-entry zone.