$SOL is absolutely crushing it with a clean breakout from the $120s to $139, now knocking on the door of $140. Price is trading above all MAs in perfect bullish alignment, and the trend structure is pristine with higher highs and higher lows. Volume is solid throughout the rally. The momentum is strong but watch for potential resistance at the psychological $140 level - a break above could unleash another wave higher.
This is a momentum continuation play on a coin that's clearly in demand. SOL has all the ingredients for more upside, strong trend, MA support, and buying pressure. If we clear $140 decisively, the next leg toward $150 opens up. Stop below MA7, and recent support keeps risk tight while giving the trade breathing room.
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$SOL is absolutely crushing it with a clean breakout from the $120s to $139, now knocking on the door of $140. Price is trading above all MAs in perfect bullish alignment, and the trend structure is pristine with higher highs and higher lows. Volume is solid throughout the rally. The momentum is strong but watch for potential resistance at the psychological $140 level - a break above could unleash another wave higher.
Trade Setup:
TP1: 142.50
TP2: 149.00
TP3: 157.00
Stop Loss: 134.50
This is a momentum continuation play on a coin that's clearly in demand. SOL has all the ingredients for more upside, strong trend, MA support, and buying pressure. If we clear $140 decisively, the next leg toward $150 opens up. Stop below MA7, and recent support keeps risk tight while giving the trade breathing room.