$SOL – BULLISH RECOVERY SHOWS STRENGTH AS PRICE EYES NEXT RESISTANCE ZONE
SOL has bounced strongly from the $127.70 low and is now holding above the $138 region after a sharp push upward. The strong bullish candle breaking prior structure indicates buyers have stepped in aggressively. As long as SOL remains above the mid-range support, momentum favors a continuation toward higher resistance.
Trade Setup (LONG)
Entry Range:
$138 – $140
Target 1: $143.50
Target 2: $146.80
Target 3: $149.20
Stop Loss (SL): $134.90
Short Market Outlook:
SOL is maintaining bullish structure with higher lows and improving momentum. A sustained hold above $138 increases the probability of retesting recent highs and pushing further upward. A breakdown below $134.90 would weaken the bullish continuation setup.
#SOL #Solana #CryptoAnalysis #BullishSetup #priceaction $SOL
