$SOL Bullish Momentum with Local Consolidation


​Solana has demonstrated a strong recovery from the $81.40 support zone. Currently, the price is testing the $97.00 -$100.00 psychological resistance area. While the overall trend remains bullish, waiting for a minor pullback or consolidation in the entry zone will offer a better risk reward ratio for this setup.

​Market Direction: Bullish (Trend Following)
Entry Zone: $94.50 – $96.00
Stop Loss: $91.80
​Take-Profit Targets
​TP1: $98.40
​TP2: $101.50
​TP3: $105.00

​Trader's Note: As long as the price holds above the recent swing low of $92, the bullish structure remains intact. A clean breakout above the $100 mark could trigger a new expansion phase. Always manage your position size according to your risk tolerance.
SOL-3.36%
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