šØ $SOL L is currently trading around $139, forming a strong bullish consolidation zone right above the key $130 support. This follows an impressive 25% monthly rally, powered by surging on-chain activity, record-breaking DEX volumes above $5B daily, and nonstop meme-coin demand across the Solana ecosystem šš„.
The market structure remains bullish, with buyers defending every dip and liquidity continuously rotating back into SOL. As long as price holds above $130, upside continuation remains the dominant scenario.
Trade Setup (Updated & Detailed):
š Entry Zone: $135 ā $140
⢠Ideal area to catch continuation moves
⢠Matches the consolidation range low and mid-range liquidity pocket
ā Stop-Loss: $128
⢠Below the structural support and liquidity sweep zone
šÆ Target 1: $142.5 ā Retesting local resistance
šÆ Target 2: $146.8 ā Breakout extension zone
šÆ Target 3: $150.5 ā Psychological level + next liquidity target
Why This Setup Works:
⢠High-volume accumulation after a strong trend
⢠Market sentiment extremely positive due to ecosystem activity
⢠Price maintaining above EMAs on major timeframes
⢠No major resistance until the $142ā$150 range

