$SOL Technical Update: Opportunity for an Upside Move
The $SOL market has shown significant bullish intent, breaking key structural levels and filling a notable imbalance before reaching a well-defined demand zone. With the price consolidating around $217, the current setup suggests a potential rebound targeting $230 or higher.
A liquidity sweep of local lows could act as a catalyst for the next leg up, clearing weaker positions and fueling momentum for a rally. The alignment of liquidity and price action presents an appealing scenario for traders anticipating further bullish continuation.
The clean market structure and favorable conditions underline the potential for $SOL to make a decisive move. Active traders should monitor this zone closely for confirmation signals that could solidify the path toward higher targets.
