$SOL is printing a solid recovery on the 1-Hour chart after putting in a local bottom at 62.34. The price is currently fighting to push past a tight consolidation zone near 65.00 - 65.50, positioning itself right on the edge of a potential macro breakout.
Trading Setup
Entry Zone: 63.50 - 64.20 (On Pullback/Retest) or above 65.80 (On a clean Breakout)
Take Profit Targets: 67.20 | 69.50 | 72.00
Stop Loss: Below 62.00
With market momentum turning healthier, patience will be your biggest asset here. Avoid forcing entries right into the immediate resistance overhead and let the market trigger your target levels.
Do you see SOL breaking out to test higher resistance today? Drop your thoughts in the comments.
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SOLUSDT
Perp
65.23
+0.77%