SOL spent several hours trading inside a clear accumulation range before finally breaking out with strong momentum.
This type of structure often appears when liquidity builds inside a consolidation zone before the market transitions into expansion.
Once price reclaimed the upper boundary of the range, we saw a strong impulsive move followed by a new consolidation area forming at higher levels.
This suggests the market may be preparing for another expansion leg if buyers continue to defend the new support zone.
Key observation:
Accumulation → Breakout → Higher consolidation.
Currently watching whether SOL continues trending upward or forms another compression phase before the next move.
Structure tracked using my private MAGMA PRO Elite A+ model focused on accumulation and breakout detection.
