$SOL Holding Above Breakout Support… Buyers Looking For Another Upward Attempt….!
Bullish Setup
Entry Level: 66.50 & 66.80
Stop Loss: 65.02
Take Profit 1: 67.80
Take Profit 2: 68.40
Take Profit 3: 68.97
SOL has managed to breach an important resistance zone and has now become retested from below at the same levels as support on the hourly chart. The recent pullback seems to be well-contained, with price action holding its ground above the 65.95 support level.
The trade continues to be valid as long as price action holds above the 65.95 and 65.02 invalidation levels. The consolidation of the breakout might lead to more demand and could drive SOL towards another impulsive attempt above the higher liquidity level near 68.97.