SOL maintains an bullish outlook despite recent decline

Solana (SOL) cryptocurrency shows an important technical movement on the 4-hour chart, displaying a retracement that reinforces a long-term bullish scenario. With the price at $87.46 (+0.09% in the last 24 hours), the coin is approaching a historically proven demand zone where buyers tend to act strongly. This corrective structure presents an opportunity for traders who follow rigorous technical analysis.

Bullish Movement Trading Plan

To capitalize on the bullish scenario, traders may consider the following strategy:

• Entry: $74 to $79 USDT
• Stop-Loss: $70 USDT (protection against downward breakout)
• First Target (TP1): $95 USDT
• Second Target (TP2): $123 USDT
• Third Target (TP3): $150 to $157 USDT

This trading plan includes multiple profit-taking levels, allowing the trader to manage risk progressively while maintaining exposure to the upward movement.

Technical Analysis: Consolidated Support and Expected Continuation

The demand zone between $74 and $79 USDT previously acted as strong support, suggesting that buyers historically enter within this price range. Despite the seemingly sharp decline in the recent period, the overall structure remains intact for a continuation toward higher targets, provided the support holds.

Technical analysis indicates that the bullish outlook for SOL remains valid, as long as the price does not close below critical support levels. More aggressive traders can monitor entry within this demand zone to position themselves according to the presented plan, always respecting risk management and established stop-losses.