$SOL USDT BULLISH BREAKOUT SETUP ON 1H — LONG ENTRY TARGETING MOMENTUM CONTINUATION
Solana has shown strong bullish momentum on the 1-hour chart, breaking above recent resistance with increasing volume and RSI strength. The RSI (7) is currently above 70, indicating sustained buying pressure, while price action has formed a clean breakout structure above the previous consolidation zone. The breakout candle closed decisively above the range high, confirming bullish intent.
The green zone marked on the chart aligns with a key liquidity pocket and Fibonacci extension level, suggesting a high-probability take-profit area. Meanwhile, the red zone sits just below the breakout base, acting as a logical stop-loss to protect against false breakouts or sudden reversals.
ENTRY: Long above breakout confirmation
TP1: 243.50 — minor resistance and psychological round level
TP2: 246.80 — Fibonacci extension and prior rejection zone
TP3: 251.00 — upper channel resistance and volume node
SL: 237.20 — below breakout base and invalidation level
Risk Management: Use 1–2% of account size per trade. Adjust position size based on SL distance. Avoid overleveraging during breakout volatility.
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