bullflagformation
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$SOL
Solana is consolidating in a tight, downward-sloping channel after its recent surge—a textbook bull flag pattern. This is not distribution; it's a continuation setup. A breakout above the flag's upper trendline will trigger the next impulsive wave toward $145+ as momentum re-accelerates.
TRADE SETUP
· ENTRY ZONE: 139.00 - 139.50
· TAKE PROFIT 1: 143.50
· TAKE PROFIT 2: 146.00
· STOP LOSS: 137.50
SHORT MARKET OUTLOOK
Bullish momentum is pausing within a continuation pattern. The immediate trend is up, targeting a clear break above 143.48. The critical support for this flag pattern is now at 138.50. A sustained move above 140.50 confirms the breakout and next leg up.
Buy and trade here on $SOL
#sol #SOLANA #Layer1 #BullFlagFormation #Breakout
Solana is consolidating in a tight, downward-sloping channel after its recent surge—a textbook bull flag pattern. This is not distribution; it's a continuation setup. A breakout above the flag's upper trendline will trigger the next impulsive wave toward $145+ as momentum re-accelerates.
TRADE SETUP
· ENTRY ZONE: 139.00 - 139.50
· TAKE PROFIT 1: 143.50
· TAKE PROFIT 2: 146.00
· STOP LOSS: 137.50
SHORT MARKET OUTLOOK
Bullish momentum is pausing within a continuation pattern. The immediate trend is up, targeting a clear break above 143.48. The critical support for this flag pattern is now at 138.50. A sustained move above 140.50 confirms the breakout and next leg up.
Buy and trade here on $SOL
#sol #SOLANA #Layer1 #BullFlagFormation #Breakout
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