SOL – Bulls Holding the Channel!

[theSignalyst]

SOL has been overall bullish, trading inside a clean ascending channel. Price broke above the $215 – $220 structure zone and pushed higher, but is now pulling back for a retest.

This zone is key . It aligns with channel support, making it a strong confluence for buyers to step in. If bulls defend it, momentum could continue, and SOL may push toward higher levels inside the channel .

If the zone fails, a deeper correction could follow before another attempt from the bulls. Until then, the bias remains bullish as long as structure holds.

What do you think — will the bulls step in and send SOL flying again, or will bears take over for a deeper pullback?

*️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

Stick to your trading plan regarding entries, risk, and management.

Good luck!

All Strategies Ar*e Good; If Managed Properly!
~Richard Nasr