SOL IS HOLDING THE 116$ RESISTANCE ZONE!!
🟢 $SOL — BREAKOUT LONG
Current: ~$116.3
🟢 Entry: $115.2 – $116.2
🎯 TP1: $118.5
🎯 TP2: $122
🎯 TP3: $127
🛑 SL: $112.8
WHY 👇
• SOL has moved from ~$108 to $116+, showing strong momentum rather than simply grinding into resistance.
• The important thing now is the $115–116 area. A successful hold above it would turn the previous resistance into support. Recent technical analysis also identifies ~$115.6 as the key resistance/VWAP area.
• Today's high is around $116.52, so a clean break above ~$116.5 would provide the breakout confirmation.
• The broader market is also supporting the move: recent market data has SOL outperforming BTC and ETH during the current recovery.
🔥 TRADE LOGIC:
$115.2–116.2 holds → $118.5 → $122 → $127.
🚀 If SOL closes above $116.5 and retests $116 without losing it, that's the strongest confirmation.
❌ Below $112.8 = invalidate.
⚠️ Don't blindly market-buy at $116.5 after the breakout. The cleaner entry is the $115–116 retest.
👇 Trade $SOL below
💬 $120 next or $116 rejection? 👀
$SOL
🟢 $SOL — BREAKOUT LONG
Current: ~$116.3
🟢 Entry: $115.2 – $116.2
🎯 TP1: $118.5
🎯 TP2: $122
🎯 TP3: $127
🛑 SL: $112.8
WHY 👇
• SOL has moved from ~$108 to $116+, showing strong momentum rather than simply grinding into resistance.
• The important thing now is the $115–116 area. A successful hold above it would turn the previous resistance into support. Recent technical analysis also identifies ~$115.6 as the key resistance/VWAP area.
• Today's high is around $116.52, so a clean break above ~$116.5 would provide the breakout confirmation.
• The broader market is also supporting the move: recent market data has SOL outperforming BTC and ETH during the current recovery.
🔥 TRADE LOGIC:
$115.2–116.2 holds → $118.5 → $122 → $127.
🚀 If SOL closes above $116.5 and retests $116 without losing it, that's the strongest confirmation.
❌ Below $112.8 = invalidate.
⚠️ Don't blindly market-buy at $116.5 after the breakout. The cleaner entry is the $115–116 retest.
👇 Trade $SOL below
💬 $120 next or $116 rejection? 👀
$SOL