I'm looking at $SOL around $103.93, and the short-term structure is leaning bullish. Price has recovered above the MA60 at $103.76 after a pullback, and buyers are pushing toward the recent high near $104.23. I like the recovery, but I want to see whether momentum can hold.

The chart shows a strong move upward, a rejection from the $104.20 area, and then another recovery. Price is now trading above the moving average, which supports a possible continuation, but the recent bounce still needs confirmation. The $104.01 area is the nearest visible resistance zone, while $104.23 marks the recent chart high.

Trade idea:

📍 Entry: $103.76–$103.85, if price holds above the MA60

🎯 TP1: $104.01

🎯 TP2: $104.23

🎯 TP3: Not justified by the visible chart

🛑 Invalidation: A clear break below $103.57

Losing $103.57 would weaken the current recovery and suggest that buyers are losing short-term control.

Volume shows a small pickup during the latest push, but it isn't strong enough on its own to confirm a breakout.

My approach: I'm watching how SOL reacts around the MA60 and whether buyers can challenge $104.01 again. If price loses support, I'll wait rather than force a trade.