$SOL (1H) — Channel Break & Bullish Structure 📈



Bulls are in control after the falling channel breakout, and now the focus shifts to whether the old resistance can flip into support.

Price broke above the upper channel near $83.50 with a strong 1H close, and the formation of higher lows suggests this isn’t just a temporary move. The $81–$82 zone acted as a clear absorption area, giving the breakout a solid foundation.

🔍 What Matters Now:

Support Flip Zone: $83.00 – $83.60

Holding this level on retest keeps bullish momentum intact

🎯 Upside Target:

$87.50 – $88.00 (next key resistance)

⚠️ Invalidation:

If price falls back into the channel and closes below $82.50, the breakout weakens significantly

For now, structure favors continuation—but confirmation comes from holding above the breakout zone.
$SOL TRADE HERE 👇 ‌
SOL0.83%
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