SOL just completed a strong intraday breakout, lifting from the 131.60 base and running all the way into 144.91 before cooling off. The 15m structure shows a clean displacement move with buyers in full control, but the latest candles reveal momentum easing as price settles around 141.34.
The breakout happened when SOL reclaimed the 136 to 138 liquidity layer. Once that zone flipped, sellers thinned out and buyers pushed through multiple resistance pockets with almost no reaction. The vertical leg into 144.91 shows a mix of spot demand and short covering, but the move did not produce liquidation style wicks which confirms the run was driven by natural order flow rather than forced exits. Funding conditions remain balanced, showing no sign of excessive leverage behind the move.
Volume expanded heavily on the breakout and has tapered during the pullback, which is exactly what you want to see in a healthy trend. Sellers are taking profits, not attacking. The moving averages are all aligned bullishly with the MA5 and MA10 curling upward above the MA30. Even with the cooldown, the trend remains intact.
Key support sits at 139.50 to 140.00. That zone lines up with the rising MA30 and the breakout retest area. Holding above it keeps SOL in a bullish posture for another attempt at the 144 to 145 zone. A deeper pullback toward 137 would only occur if volume drops further and buyers step aside temporarily. Resistance stays at 144.50 to 145.00. A clean reclaim above that range with renewed volume would open the door for continuation toward 147 and possibly higher.
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SOL just completed a strong intraday breakout, lifting from the 131.60 base and running all the way into 144.91 before cooling off. The 15m structure shows a clean displacement move with buyers in full control, but the latest candles reveal momentum easing as price settles around 141.34.
The breakout happened when SOL reclaimed the 136 to 138 liquidity layer. Once that zone flipped, sellers thinned out and buyers pushed through multiple resistance pockets with almost no reaction. The vertical leg into 144.91 shows a mix of spot demand and short covering, but the move did not produce liquidation style wicks which confirms the run was driven by natural order flow rather than forced exits. Funding conditions remain balanced, showing no sign of excessive leverage behind the move.
Volume expanded heavily on the breakout and has tapered during the pullback, which is exactly what you want to see in a healthy trend. Sellers are taking profits, not attacking. The moving averages are all aligned bullishly with the MA5 and MA10 curling upward above the MA30. Even with the cooldown, the trend remains intact.
Key support sits at 139.50 to 140.00. That zone lines up with the rising MA30 and the breakout retest area. Holding above it keeps SOL in a bullish posture for another attempt at the 144 to 145 zone. A deeper pullback toward 137 would only occur if volume drops further and buyers step aside temporarily.
Resistance stays at 144.50 to 145.00. A clean reclaim above that range with renewed volume would open the door for continuation toward 147 and possibly higher.
For now SOL is in a strong structural uptrend. The market is digesting the breakout, liquidity remains supportive and buyers still control the bias until key support levels break.
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