$SOL ๐๐๐ฅ๐ฅ
๐ What Just Happened:
โข The price has just broken out above the resistance (~$197โ$200) with a candle close, which is often a bullish continuation signal.
โข Volume has increased (4.75M SOL), which supports the breakout.
โธป
๐ฎ What to Watch Now:
โข Retest: The price might retest the breakout zone (~$197). If it holds as support, it can be a good entry point.
โข Next Resistance: Watch for resistance near the recent high at $204.67, and psychological level $210โ220.
โข Invalidation: If price falls back below the triangle and loses support (below $190), it could be a false breakout.
