$SOL is showing signs of strength after reclaiming the $78 zone, which previously acted as a key area inside its multi-month consolidation range.
After the early June breakout and the sharp correction that followed, price is now attempting to rebuild structure above this level. If bulls continue to defend this reclaim, it increases the probability of a move back toward the upper range.
I’ve entered a long position on SOL based on this structure and momentum shift.
Targets: TP1: $82
TP2: $86
TP3: $92
I will be holding the trade as long as price stays above the reclaimed support zone, and I’ll be watching how the next candles confirm continuation before any adjustment.
After the early June breakout and the sharp correction that followed, price is now attempting to rebuild structure above this level. If bulls continue to defend this reclaim, it increases the probability of a move back toward the upper range.
I’ve entered a long position on SOL based on this structure and momentum shift.
Targets: TP1: $82
TP2: $86
TP3: $92
I will be holding the trade as long as price stays above the reclaimed support zone, and I’ll be watching how the next candles confirm continuation before any adjustment.