$SOL shows a clear bullish trend with a "buy-the-dip" bias. Price is currently at $88.11, maintaining a sequence of higher highs and higher lows while holding above the rising moving average cluster.
Bias: LONG
Entry: $86.50 – $87.80 (MA 7 support zone)
Stop-Loss: $84.00 (Below recent consolidation and MA 25)
TP1: $90.50
TP2: $94.00
TP3: $98.50
The impulse leg remains intact as the 1h timeframe maintains a solid structure above the MA(7) ($87.29) and MA(25) ($85.66). Price is currently showing acceptance above the prior breakout zone near $84.12. A clean break above the local resistance at $88.47 would confirm the next expansion leg toward the psychological $90 level. The rising MA(99) at $81.91 acts as the major trend floor.
Structure invalidation occurs on a breakdown below $84.12 (24h Low), which would shift the short-term bias to neutral