$SOL Signal】Bullish breakout + healthy consolidation after volume surge



$SOL After a volume breakout above the $80-81 resistance zone on the 4-hour chart, the price is consolidating in a narrow range at a high level. The price is building a platform between $86.5 and $88.1, which is a typical healthy cooldown after a breakout, not a top sell-off. Negative funding rates indicate that bears are still resisting, fueling a short squeeze.

🎯 Direction: Long

🎯 Entry: $87.3 - $87.8

🛑 Stop-loss: $85.9 ( Rigid stop-loss; if it falls below the consolidation low, the pattern invalidates )

🚀 Target 1: $92.5

🚀 Target 2: $96.0

Logical core: The 4-hour candlestick shows consecutive bullish volume candles breaking through key resistance, followed by a sideways consolidation with reduced volume. This is a typical supply absorption phase after a strong breakout. The order book shows thin sell pressure between $87.9 and $88.0; breaking through this zone will trigger short stops and attract long chasing funds. Rising open interest along with price increases confirms that main players are entering long positions, not just short covering. The $86.5-$87.0 zone below has been tested multiple times during consolidation and quickly bought back, forming a strong support. The probability advantage lies in the first pullback after the breakout, offering a favorable risk-reward ratio.

Trade here 👇 $SOL

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#Gate广场创作者新春激励 #Is the current market bottoming or just watching?
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