🔥 $SOL Breaking Out? Technical Setup Update 📈

$SOL is showing signs of consolidation with a potential breakout forming. Current price at $80.51 is holding above the 4h support zone (opened $80.32 in the last candle). The 24h range between $79.57–$81.61 is key.

**Technical Analysis:**

- **4H**: Recovering from lows. Three consecutive candles building higher support.

- **1D**: Consolidating above $80, testing resistance at $81.61.

- **Volume**: Moderate pickup on the 4h pushes upward (445k SOL on strong 4h candle).

**Setup: LONG** (breakout confirmation needed)

- **Entry**: $80.85–$81.10 (above resistance)

- **Stop Loss**: $80.20 (breaks key support)

- **TP1 (2RR)**: $82.45

- **TP2 (3RR)**: $83.80

Watch for a close above $81.20 to confirm bullish momentum. Risk/reward is favorable if the breakout holds.

#SOL #Trading #Crypto #TA #SOLUSDT

**DYOR** – Not financial advice. Trade responsibly.