Solusdt
TRADING SETUP & ANALYSIS
Pair: SOL/USDT (15m Timeframe)
Entry Zone: $75.00 – $75.80 (On breakout/retest)
Stop Loss (SL): $73.80
Target 1: $77.02 (Major Horizontal Level)
Target 2: $78.50
Bias: Bullish Breakout
🔍 What I'm Seeing
Clean Trendline Breakout: Solana spent days compressing inside a descending wedge. It has now cleanly broken out above the upper yellow resistance line.
Holding Above $75.00 Support: The previous resistance around $75.00 has flipped into strong support.
Bullish Structure: Higher highs and higher lows are printing above the Ichimoku cloud.
💡 Why It Matters
Falling wedge breakouts are high-probability reversal signals.
Holding above $75.00 keeps the breakout valid and ready for expansion.
🎯 What I Expect Next
Continued push upward toward the main resistance target at $77.02.
If $77.02 breaks, expect a rally toward $78.50+.
Invalidation: A breakdown back inside the trendline below $74.00.
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