#SolanaUSTD Breaking Out — Momentum Still in Control
SOL just ripped from the mid-$70s to $108+ in a matter of weeks, and today alone it's up +6.5%, pushing into fresh highs on the 4h chart.
What stands out: this isn't a one-candle spike — price cleanly broke a multi-week consolidation base around $74–78, reclaimed the $96–100 zone as support, and is now trending in a clean stair-step pattern of higher highs and higher lows.
My view:
As long as SOL holds above the $100.00 level (former resistance, now acting as support), the structure favors continuation. A pullback into the $104 zone would be a healthy retest rather than a reversal signal. Losing $96–97 would be the first sign this move is losing steam.
Key levels I'm watching:
🔹 Support: $104.00 / $96–97.00
🔹 Resistance/Target: $112–115.00
This is a strong trend — but after a move this fast, don't chase blindly. Wait for confirmation on pullbacks rather than buying the vertical candle.
#SOL #Solana #SOLUSDT #Crypto #CryptoTrading #Altcoins #TechnicalAnalysis #TradingView #Binance #CryptoMarket #BreakoutTrade #PriceAction
SOL just ripped from the mid-$70s to $108+ in a matter of weeks, and today alone it's up +6.5%, pushing into fresh highs on the 4h chart.
What stands out: this isn't a one-candle spike — price cleanly broke a multi-week consolidation base around $74–78, reclaimed the $96–100 zone as support, and is now trending in a clean stair-step pattern of higher highs and higher lows.
My view:
As long as SOL holds above the $100.00 level (former resistance, now acting as support), the structure favors continuation. A pullback into the $104 zone would be a healthy retest rather than a reversal signal. Losing $96–97 would be the first sign this move is losing steam.
Key levels I'm watching:
🔹 Support: $104.00 / $96–97.00
🔹 Resistance/Target: $112–115.00
This is a strong trend — but after a move this fast, don't chase blindly. Wait for confirmation on pullbacks rather than buying the vertical candle.
#SOL #Solana #SOLUSDT #Crypto #CryptoTrading #Altcoins #TechnicalAnalysis #TradingView #Binance #CryptoMarket #BreakoutTrade #PriceAction
