Recommendation: Long $SOL (Higher-Low Continuation Setup)
Entry: $83.50–$85.00 (current consolidation / support retest) or $80.00–$82.00 (deeper pullback into demand zone)
Take Profit: $88.50–$90.00 or $92.00
Stop Loss: $76.50–$78.00
Reason: On the 4H timeframe, SOL swept liquidity near $77 and produced a strong impulsive bounce, forming a clear higher low structure. The recent pullback from $89 appears corrective rather than a full structure breakdown. Price is now stabilizing around the $83–$85 zone, which previously acted as resistance and is attempting to flip into support.
As long as SOL holds above $80, the short-term structure favors continuation toward $89 and potentially a retest of the $92 high. Volume supports the rebound phase, and sellers failed to push price back below the prior $77 low.
Bias remains cautiously bullish while above $80. A breakdown below $77 would invalidate the higher-low structure and shift momentum back to bearish control.
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