#BreakoutTradingStrategy
Reigniting the rise... targeting new highs...
Currently trading at $154.50, it is steadily recovering after a clean rebound from the support area of $150. The bullish structure continues with the formation of higher lows on the 4-hour chart. Momentum is increasing, and volume remains healthy.
Buy setup:
Entry area: $153.5 – $154.5
Target 1: $157.2
Target 2: $161.0
Target 3: $165.4
Stop loss: $149.9
SOL shows signs of strength after a healthy correction. A breakout above $155.5 could open the doors for further upside. Keep a close watch for the continuation of the movement.