SOL
89.68
-5.48%
SOLUSDT
Perp
89.52
-5.61%
SOLUSDT on the two-hour chart shows strong bullish momentum after breaking the structure (BOS) and changing character (ChoCH) above the descending trend line. The breakout indicates a potential reversal from downtrend to uptrend.
Currently, the price is retesting the broken trend line around the 190–195 area. If support holds, we may see a continuation towards the target area (TP) near 220.00.
💡 Technical outlook:
Pattern: Break of trend line
Support Area: 190.00 – 195.00
Target: 220.00
Trend: Bullish above 190.00
#CryptoBreakout #TrendlineResistance #CryptoAnalysis #MarketPullback #CPIWatch