$SOL BULLISH MOMENTUM BUILDING FOR NEXT LEG UP
The recent structure on the 15-minute chart of $SOL shows clear higher-low formations, signaling that buyers are regaining control after a short-term pullback. Price is consolidating above the key support zone around 230, where bulls are actively defending. A breakout above 236 could open the path for another impulsive rally toward the next resistance levels. Volume remains healthy, suggesting strong participation from market participants as the broader sentiment in the altcoin market improves.
Technical Outlook:
sol has been forming a rising base pattern since retesting the 227–228 zone, showing that accumulation is taking place. The market has respected the dynamic support trendline multiple times, keeping bullish momentum intact. As long as sol stays above 230, the probability of an upward continuation remains high.
Long Setup:
Entry: Above 233 (confirmation breakout)
TP1: 237
TP2: 242
TP3: 250
Stop-Loss: Below 228
Risk Management: Always use a stop-loss and risk only 2–3% of your capital per trade. Adjust your position size according to the volatility.