$SOL/USDT TECHNICAL ANALYSIS: BULLISH BREAKOUT CONFIRMED $SOL
The SOL/USDT pair on the timeframe is exhibiting strong bullish momentum following a consolidation phase. The price has recently broken above the immediate resistance level, indicating a continuation of the upward trajectory.
Technical Outlook
The chart displays a series of higher highs and higher lows, confirmed by an upward-sloping support trendline. The recent breakout suggests buyers are taking control.
Trade Plan
Entry Zone: Re-test of the breakout area
Target 1 (TP1): 89.50
Target 2 (TP2): 91.00
Target 3 (TP3): 93.50
Stop Loss (SL): 84.80
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