$SOL is respecting its intraday structure on the 15M chart after a strong impulse from the 71.90 area. Instead of giving back the entire move, price has shifted into a healthy consolidation below the 73.66 high. That tells me buyers are still active, while sellers haven't managed to break the sequence of higher lows. I'm watching this range closely because compression after a strong expansion often leads to the next directional move.
Trade Setup
Entry: $72.95–73.20
Stop Loss: $72.45
Targets:
Target 1: $73.66
Target 2: $74.20
Target 3: $74.80
Target 4: $75.50
Why it's possible
The market reacted strongly from support and has since been absorbing selling pressure without losing its short-term structure. That usually signals buyers are willing to defend higher prices instead of exiting positions.
The recent pullbacks have been shallow, showing momentum remains constructive. A clean break above 73.66 could trigger fresh liquidity and open the door for continuation.
Risk is clearly defined below the recent swing low, making the setup attractive if support continues to hold. Waiting for confirmation above resistance offers a better balance between reward and downside protection.
Let's go and trade now $SOL
Trade Setup
Entry: $72.95–73.20
Stop Loss: $72.45
Targets:
Target 1: $73.66
Target 2: $74.20
Target 3: $74.80
Target 4: $75.50
Why it's possible
The market reacted strongly from support and has since been absorbing selling pressure without losing its short-term structure. That usually signals buyers are willing to defend higher prices instead of exiting positions.
The recent pullbacks have been shallow, showing momentum remains constructive. A clean break above 73.66 could trigger fresh liquidity and open the door for continuation.
Risk is clearly defined below the recent swing low, making the setup attractive if support continues to hold. Waiting for confirmation above resistance offers a better balance between reward and downside protection.
Let's go and trade now $SOL