Usman Salis
⬤ Solana (SOL) is setting up a potential long opportunity on the 4-hour chart as price pulls back after its recent bullish move. Instead of chasing the rally, the strategy here is to wait for SOL to dip into a demand zone where buyers previously stepped in. The chart shows a broken structure and a higher swing high, which keeps the bullish outlook alive despite the current pullback.
⬤ After peaking near $145, SOL has started drifting lower and is now consolidating below the recent high. Two demand zones sit below current price—the first just under $140, and a deeper one in the mid-$130s. These are areas where buying interest showed up before, and this pullback could be the market hunting for liquidity before making its next move.
⬤ The key detail is that price is still above the most recent swing low, meaning the 4H uptrend isn't broken yet. The pullback looks controlled, not panicky, which fits with a healthy correction inside a bullish structure. A long position only makes sense if SOL reacts well inside demand and gives confirmation on smaller timeframes—no guessing, just disciplined entries.
⬤ This matters because Solana often mirrors sentiment across major altcoins. If demand holds, we could see renewed momentum to the upside. If it fails, deeper consolidation becomes the likely path. With SOL sitting between a fresh high and clear demand levels, the next few reactions will tell us a lot about short-term direction and where risk appetite stands.
Usman Salis
