SOL/USD: Bullish BoS Above 74.83 Extends Above the Band
SOL's pushed to 77.29 and it's now trading above the upper band at 76.53, with EMA21 at 75.35 and EMA55 at 74.54 both sloping up on the 4H. The trend bias is up, and the fresh bullish BoS 8 bars back through the 74.83 swing high confirmed the shift — that level flipped from resistance to the pivot the whole move now leans on.
Why it matters: price is stretched. Sitting above band_upper means we're roughly a full ATR above EMA21, and that kind of extension on the 4H usually mean-reverts before it extends. The structural read stays bullish while 74.83 holds on a closing basis, but chasing here is chasing the extension, not the setup. The cleaner re-entry is a drift back into the band.
What I'm watching: a pullback into the 75.30–75.60 pocket (EMA21 and band upper) that holds with a rejection wick. That's where dip-buyers who missed the BoS get their second look.
Invalidation: a 4H close back below 74.53 (EMA55) tells us the reclaim's failed and the swing low at 72.34 comes into play — below that, the idea's done.
Targets: 79.20 — clean air toward the recent range shelf. 80.80 — psychological round. 82.79 — window high, where sellers last stepped in.
Setup: Pullback into the 75.30–75.60 EMA21/band zone that holds keeps the bullish BoS thesis live toward 82.79.
Invalidation: 4H close below 74.53 (EMA55) invalidates — swing low at 72.34 opens up.
Targets: 79.20 — first clean-air resistance above current range · 80.80 — round-number magnet · 82.79 — window high and last major supply pocket
