SOLUSDT | 4H - Downtrend Channel Breakout Attempt

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SOLUSDT | 4H - Downtrend Channel Breakout AttemptSOL / TetherUSBINANCE:SOLUSDTIbrahim_BTCSOLUSDT is showing an early bullish shift on the 4-hour chart after breaking above the descending channel structure that has contained price since the late-August high. Price has reclaimed the important 103.08 support area and is now testing the local structure and horizontal resistance near 105.91. This zone remains the main confirmation level for the setup. ## Key levels - Support / invalidation area: 103.08 - Breakout confirmation: A sustained 4H close above 105.91 - Stop loss: 100.00 - Main target: 109.92 ## Bullish scenario A clean break and confirmed 4H close above 105.91 would indicate that buyers are regaining control after the downtrend-channel breakout. If price holds above this level, the next potential destination is 109.92, which represents the key upper resistance and main target of this setup. A confirmed breakout above 109.92 could open the way toward the extended target discussed in my previous SOLUSDT analysis: ## Risk scenario The bullish structure remains valid while SOLUSDT holds above 103.08. Losing this support, especially with a move below 100.00, would invalidate this long setup and suggest that the current breakout attempt has failed. Not an advice to buy or sell, make your own analysis, and always use proper risk management.