$SOL just pulled back from the 139.36 zone and the reason is clear. Buyers pushed hard through the earlier structure but the top wick showed exhaustion and that told me momentum was slowing. I'm watching how price slipped back toward the mid range and this usually means the market is resetting after clearing liquidity from both sides. A fast pullback like this is common after a strong run because the chart needs to reload before deciding the next leg. It does not break the trend as long as the demand zone underneath remains intact.
I'm seeing how SOL respected 134.50 earlier and created a clean higher low structure before the breakout. That same zone is still guiding the move. If SOL holds above this rising base, the same pattern can repeat and the chart can push again toward the highs. The recent red candles look heavy but they did not break the deeper support, and that keeps the setup alive. If the candles start tightening around 136 to 137 and form a stable floor, it becomes the type of compression that often leads to a new attempt upward. This is how the setup becomes possible because liquidity has already been collected and the market starts searching for balance.
Here is the clean full trade setup
Entry Point
136.80 to 137.30
Target Point
TP1 138.40
TP2 139.20
TP3 140.50
Stop Loss
135.40
I'm focused on the reaction around 137 because if SOL holds that zone and prints even small higher lows, it sets the stage for a push back into the previous resistance levels. The move is only invalid if SOL loses the base that supported the earlier rally. As long as it stays above this structure, I'm expecting another attempt toward the highs.
Let’s go and Trade now $SOL



