$SOL 1H 📈
SOL is showing a nice recovery structure after the sharp flush to $100.21. Price reclaimed the short-term trend and is now holding above the Supertrend at $102.28.
The catch: price just rejected around $104.3, so I wouldn't chase at $103.47.
Preferred Setup: LONG
Entry: $102.80–$103.20
SL: $102.05
TP1: $104.35
TP2: $105.30
TP3: $106.50
What stands out
• Strong recovery from $100.21
• Higher lows have formed since the bottom
• Supertrend has flipped bullish at $102.28
• $104.35 is the immediate resistance
• A clean break above that level could give SOL another leg higher
The cleaner play is to let SOL pull back into $102.80–$103.20 and confirm buyers are defending the zone.
If SOL gets a solid 1H close above $104.35, the breakout setup becomes much cleaner toward $105.30 → $106.50.
Invalidation: 1H close below $102.05.
Overall, SOL's recovery looks solid, but this is still a confirmation trade. Let the retest come to you instead of forcing the entry.
#Write2Earn
SOL is showing a nice recovery structure after the sharp flush to $100.21. Price reclaimed the short-term trend and is now holding above the Supertrend at $102.28.
The catch: price just rejected around $104.3, so I wouldn't chase at $103.47.
Preferred Setup: LONG
Entry: $102.80–$103.20
SL: $102.05
TP1: $104.35
TP2: $105.30
TP3: $106.50
What stands out
• Strong recovery from $100.21
• Higher lows have formed since the bottom
• Supertrend has flipped bullish at $102.28
• $104.35 is the immediate resistance
• A clean break above that level could give SOL another leg higher
The cleaner play is to let SOL pull back into $102.80–$103.20 and confirm buyers are defending the zone.
If SOL gets a solid 1H close above $104.35, the breakout setup becomes much cleaner toward $105.30 → $106.50.
Invalidation: 1H close below $102.05.
Overall, SOL's recovery looks solid, but this is still a confirmation trade. Let the retest come to you instead of forcing the entry.
#Write2Earn
