$SOL โ 15-Min Chart Analysis
๐ป Falling Wedge Spotted โ A potential bullish reversal setup unfolding!
๐ธ๏ธA clear Falling Wedge has formed โ typically a bullish pattern that signals a potential breakout to the upside.
๐ธ๏ธPrice compressed inside the wedge, with lower highs and lower lows, but momentum is shifting as buyers start to react from the wedge bottom.
KEY LEVELS ๐
๐น Resistance (wedge top): ~$145.50
๐น Support (wedge base): ~$142
๐น Breakout zone: A candle close above $145.50 with volume could spark a rally.
If price breaks above the wedge convincingly:
โก๏ธ Short-term target: $148โ$150
โก๏ธ Higher target (based on wedge height): $153+ if momentum sustains
If rejection happens:
โ ๏ธ Support to hold is near $142. Breakdown below that may weaken bullish case short-term.
Wait for confirmation โ a strong breakout candle with volume. If confirmed, this could turn into a solid scalp or short-term swing opportunity.