The 4H chart since February tells a clear story. Wave (3) and (5) bottomed together near 76 in early February, completing a clean 5-wave impulse down. Since then,SOL has been ranging between 78 and 97, with the teal horizontal level at 90 acting as the main pivot.
Price is currently around 89.33, just below dotted resistance. This level has already rejected price three times, and the fourth attempt is now in progress.
The Range Reality
SOL has been stuck in a range for nearly three months. The pink resistance zone between 84–88 capped every bounce until last week. Now that price is holding above it, this signals a potential structural shift.
The 90 level remains the key test. A 4H close above 90 opens the path toward 96–97, aligning with March highs.
My Strategy for the Next Few Weeks
Avoid chasing every small move. The market is choppy and SOL is closely following broader crypto sentiment.
Scenario 1: Holds above 88
📍 Add: 86–88 on dips
🎯 TP1: 96 | TP2: 104
🛑 SL: 80
Scenario 2: Loses 84
Wait for confirmation. Avoid catching the knife. Reload in the 78–80 zone where February structure previously held.
The Bigger Picture
SOL needs BTC to remain stable above 83K for bullish continuation. If BTC drops, SOL will likely follow.
Three months of accumulation between 76 and 97 suggests healthy base-building. Patience is key.
Don't trade the noise. Trade the levels.
What's your SOL target? Drop it below.
