$SOL Momentum: Pause or Breakout Incoming?

Solana ($SOL) recently surged from $146 to above $153 in a strong vertical move, showing solid bullish momentum. Currently, price action is consolidating in the $151.60–$152.00 zone, potentially forming a bullish flag or pennant pattern — a common continuation setup. If buyers can reclaim the $152 level with strength and volume support, a swift breakout toward the next resistance at $156 could follow.

Trade Setup (Long):

A long position can be considered at $151.67, targeting $153.90 (TP1) and $156.50 (TP2). A stop loss should be placed at $149.80 to manage downside risk. Watch for confirmation through increasing volume before entry.

$SOL

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