SOL pulled back on lower volume without breaking support, and 116.4 is within reach. Staying bullish on $SOL .
Guys, SOL has been moving pretty steadily this time around. The 4-hour candle closed at 116.3, up 0.37%. The gain may look small, but the key point is that the pullback held support.
Looking at the 15-minute candles over the past hour, the lows have climbed from 115.98 to 116.19, while the highs have reached close to 116.4. The overall price level is clearly moving up. Although trading volume over the past 4 hours fell by 43.54%, lower volume isn't a bad sign here—it suggests selling pressure is light and no one is eager to dump at this level.
115.8 is the key level. As long as it holds, the short-term trend remains bullish. The target above is 116.4; a breakout would open up more room to run. Support below is at 115.2. I'll admit I'm wrong only if that level breaks.
With this setup, a pullback is an opportunity—don't wait until it rallies to chase. $SOL Staying bullish, looking for 116.4.
Guys, SOL has been moving pretty steadily this time around. The 4-hour candle closed at 116.3, up 0.37%. The gain may look small, but the key point is that the pullback held support.
Looking at the 15-minute candles over the past hour, the lows have climbed from 115.98 to 116.19, while the highs have reached close to 116.4. The overall price level is clearly moving up. Although trading volume over the past 4 hours fell by 43.54%, lower volume isn't a bad sign here—it suggests selling pressure is light and no one is eager to dump at this level.
115.8 is the key level. As long as it holds, the short-term trend remains bullish. The target above is 116.4; a breakout would open up more room to run. Support below is at 115.2. I'll admit I'm wrong only if that level breaks.
With this setup, a pullback is an opportunity—don't wait until it rallies to chase. $SOL Staying bullish, looking for 116.4.