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🔥$SOL is holding the breakout zone but the next few 4H candles could decide whether bulls push higher or sellers take control.
$SOL
is trading around $103.76 on the 4H chart after a strong move from the $98.14 area toward $105.88. Price is now consolidating instead of immediately giving back the rally, which keeps the short-term structure constructive.
The moving averages support the bullish case: MA7 = $103.25, MA25 = $101.87, and MA99 = $97.76. Price remains above all three, showing that buyers still have control of the broader 4H structure.
The key zone is $103.20–$101.90. Holding this area could keep the recovery intact. On the upside, $104.50–$105.88 is the first major resistance zone, with $106.27 sitting just above it.
One interesting detail: funding is slightly negative at -0.00394%, while the order book shows roughly 53.23% buy vs 46.77% sell. That suggests positioning is not excessively crowded on the long side.
My take: I’d rather see SOL defend $103 before calling for another push toward $105–$106. A clean 4H breakout above $105.88 would strengthen the bullish setup.
Do you think $SOL breaks $105.88 next, or revisits $102 first?