Momentum building under resistance… breakout or rejection?
$SOL /USDT – LONG
Trade Plan
Entry: $86.80 – $88.20
SL: $83.90
TP1: $90.70
TP2: $94.20
TP3: $98.50 (if momentum expands)
Why This Setup?
4H Structure: SOL is forming higher lows while pressing into $90.7 resistance — a classic compression setup. MA(7) holding above MA(25) with both sloping upward confirms short-term bullish control.
Price Positioning: Price holding above mid-range ($86–$87 zone) shows buyers are defending structure before breakout — not waiting for deep pullbacks.
Daily Context: On the higher timeframe, SOL is attempting to transition from a corrective phase into early trend continuation. If RSI sustains above 50, upside momentum can expand toward higher resistance bands.
Volume Behavior: Volume gradually increasing near resistance suggests accumulation — buyers absorbing sell orders instead of getting rejected.
As long as $84 holds, structure remains bullish and breakout above $90.7 opens room toward $94–$98 liquidity zones.
Debate:
Is SOL about to break and reclaim $90+ as support…
Or will this turn into another rejection at resistance?
Trade $SOL here 👇
