SOLUSD Breakout Confirmed – Bullish Continuation Toward Major

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SOLUSD Breakout Confirmed – Bullish Continuation Toward Major Solana / US DollarCOINBASE:SOLUSDFrankAgboSOLUSD on the 4H timeframe has just delivered a clean **trendline breakout**, signaling a shift from bearish structure into bullish momentum. After weeks of respecting the descending trendline, price has now: * Broken above trendline resistance * Reclaimed key structure around **88** * Printed a strong impulsive move upward This is a clear **change in market direction**. --- **Market Context:** * Previous trend: Bearish * Current phase: Breakout → Expansion * Momentum: Strong bullish pressure The breakout is not weak — it’s backed by momentum, which increases the probability of continuation. --- **Bullish Scenario (Primary Setup):** If price holds above the breakout zone (**88–87 area**): * First target: **92–94 zone** * Major target: **96.3 (key resistance)** The marked zone shows where liquidity is likely resting. --- **Bearish Scenario (Invalidation):** If price falls back below **87–85 zone**: * Breakout becomes a fakeout * Possible retest of **84 support** Failure to hold = loss of momentum. --- **Trading Plan:** * Entry: Buy on pullback to **88 zone** or continuation breakout * Stop Loss: Below **84** * Target: **92 → 96.3** --- **What I’m Watching:** * Retest of trendline as support * Strong bullish continuation candles * Higher lows forming (confirmation of strength) --- **Key Levels:** * Support: **87–88** * Resistance: **92 / 96.3** --- This is a textbook **breakout + retest → continuation** setup. If buyers remain in control, SOL could push into higher liquidity zones quickly. **Don’t chase — wait for structure and confirmation.** — FrankFx