$SOL made a strong move from the 130 area to 143.5, showing clear bullish momentum earlier.
After that price pulled back but it didn’t break structure which means buyers are still present.The 99-period MA around 130 is acting as a strong base and hasn’t been threatened.Price is now consolidating near 136.5, sitting between the 7 and 25 moving averages.This tells us the market is in balance, not in a sell-off.Volume has declined during this sideways move, which usually signals accumulation.This looks like a flag or base forming after the previous impulse.
A break above 138 to 140 would likely trigger a push back toward 143 and higher.As long as $SOL holds above 134 to 135, the bullish structure stays intact.