š $SOL Bullish Pullback ā Setting Up for the Next Leg Up?
$SOL is showing impressive recovery after bouncing from the $177.27 zone. Despite a slight -0.32% daily dip, the higher lows on the 1D chart keep the momentum firmly bullish. Price recently rallied up to $211.99 before pulling back to $203.23, which looks more like a healthy retest than weakness ā a sign the trend may continue higher.
š Long Trade Setup
Entry Zone: $202.00 ā $204.00
Stop Loss: Below $201.00
Take Profits:
⢠TP1: $210.00
⢠TP2: $215.00
⢠TP3: $220.00 (extended target)
š Market Insight
With volume surging at $1.36B and bulls holding the $200 support level, the structure remains bullish. As long as SOL stays above $201, the uptrend looks ready to accelerate. Watching the next 1H candle will be key for spotting a breakout confirmation.
š Iām closely watching this zone ā $SOL could be gearing up for its next big leg upward.