#BreakoutTradingStrategy

๐Ÿš€ Breakout Confirmation in Motion: $SOL Eyes Higher Levels!

Current Price: $153.47 (+0.20%)

Chart Pattern: Ascending Triangle โœ…

Breakout Status: Confirmed above key $153 resistance!

After multiple rejections near $153, $SOL has finally broken out of its ascending triangle โ€” powered by a strong bounce off the $148 support and backed by solid bullish momentum. The rising trendline structure is intact, and volume is picking up. The stage is set for potential continuation toward $157+.

๐Ÿ“Š Trade Setup

๐Ÿ“ฅ Entry Zone: $153.30 โ€“ $153.50 (Breakout zone)

๐ŸŽฏ Take Profit Targets:

TP1: $155.80

TP2: $157.41

๐Ÿ›‘ Stop-Loss (SL): $151.58 (Below rising trendline & prior support)

๐Ÿ” Pro Tip for Traders

โœ… Wait for a 1H candle close above $153.60 for a strong confirmation.

๐Ÿ” If price retests the breakout zone and holds above $153, it may offer a textbook re-entry with great risk-reward.

๐Ÿ’ฅ Summary:

Bullish structure + breakout from triangle = high conviction setup.

With trend and momentum aligned, $SOL looks primed for liftoff.