$SOL — Momentum Is Building, But I’m Watching the Reaction
$SOL is trading around $101.62, up nearly 3% today.
What stands out to me on the chart is the intraday structure. After the earlier consolidation, SOL pushed higher and started forming higher highs and higher lows. The move around the 17:00–23:00 session also shows buyers stepping in after pullbacks.
But at this point, I wouldn’t chase the green candles.
I’m watching how $SOL behaves around the $101–$102 area. If buyers can hold the recent breakout structure and continue printing higher highs, momentum can remain constructive. If price starts losing the recent higher-low structure, I’d expect some profit-taking or a deeper pullback before the next move.
For me, the key right now is confirmation, not prediction.
Would you wait for another breakout, or look for a pullback entry?
#sol #solana #cryptotrading #altcoins #BinanceSquare
$SOL is trading around $101.62, up nearly 3% today.
What stands out to me on the chart is the intraday structure. After the earlier consolidation, SOL pushed higher and started forming higher highs and higher lows. The move around the 17:00–23:00 session also shows buyers stepping in after pullbacks.
But at this point, I wouldn’t chase the green candles.
I’m watching how $SOL behaves around the $101–$102 area. If buyers can hold the recent breakout structure and continue printing higher highs, momentum can remain constructive. If price starts losing the recent higher-low structure, I’d expect some profit-taking or a deeper pullback before the next move.
For me, the key right now is confirmation, not prediction.
Would you wait for another breakout, or look for a pullback entry?
#sol #solana #cryptotrading #altcoins #BinanceSquare
