$SOL Update view SOL - H4 Frame. The SOL chart looks great, doesn't it? We're setting up flags to prepare for a breakout. Instead of always viewing it as bullish, let's boldly see SOL as sideways and then faking out in the larger frame to test again around 140-144 before shooting up to 155-165 and $180 in the next few weeks.

Recently, SOL after taking profits at $178 dropped but hasn't reached below $130 in the entry I posted. So, I haven't bought back any SOL yet.

If it tests around 140 and holds, I might have to raise my entry for SOL to buy and continue riding it with the expectation that SOL returns to $200 and a new ATH.

During this sideways phase, you can use H1-H4 for short-term futures trading and refer to this view for spot trading and longer timeframes. This is a personal perspective. Everyone is invited to refer and give feedback.