đšSOL Breakout Setup: Let the Retest Come đš
$SOL is showing strong bullish momentum on the 4H chart, climbing from the mid 90s toward the 105.85 resistance zone.
The structure remains bullish, but entering directly at 104+ could mean chasing the move. A clean retest around 101 to 102 would offer a better risk to reward opportunity.
SOL Long Setup
âą Entry: 101.50 to 103.00
âą Target 1: 106.00
âą Target 2: 109.00
âą Target 3: 113.00
âą Stop Loss: 98.50
The key level is 100 to 101. If SOL holds this area after the breakout, buyers could push for a fresh high above 105.85. The 4H structure is clearly making higher highs and higher lows, while price remains well above the major moving average zones. If 105.85 breaks with strong volume, the next upside expansion could accelerate quickly.
$SOL is showing strong bullish momentum on the 4H chart, climbing from the mid 90s toward the 105.85 resistance zone.
The structure remains bullish, but entering directly at 104+ could mean chasing the move. A clean retest around 101 to 102 would offer a better risk to reward opportunity.
SOL Long Setup
âą Entry: 101.50 to 103.00
âą Target 1: 106.00
âą Target 2: 109.00
âą Target 3: 113.00
âą Stop Loss: 98.50
The key level is 100 to 101. If SOL holds this area after the breakout, buyers could push for a fresh high above 105.85. The 4H structure is clearly making higher highs and higher lows, while price remains well above the major moving average zones. If 105.85 breaks with strong volume, the next upside expansion could accelerate quickly.
