🔥 Gate Square Event: #PostToWinNIGHT 🔥
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📅 Event Duration: Dec 10 08:00 - Dec 21 16:00 UTC
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Gat
SOL is easing into a controlled pullback after tagging 140.23, but the structure on the 15m chart remains supportive. Price is sitting around 138.96, holding above the MA10 and MA30, while the MA5 is flattening out after the breakout burst. This alignment shows momentum cooling but not reversing.
The move started when SOL reclaimed the 137.50 liquidity shelf. Once buyers cleared that zone, the order flow shifted firmly bullish and pushed through thin resistance pockets with no liquidation spikes. The breakout candles carried real spot demand, not leveraged acceleration, which makes the move more sustainable. Funding conditions remain neutral, confirming leverage is not distorting the trend.
Volume expanded during the breakout and has gradually tapered as the pullback develops. That type of volume profile shows sellers are taking profit, not overwhelming the market. MACD remains above zero with a soft curl, suggesting momentum is slowing but still biased upward.
Key support rests around 138.20 to 137.80, aligned with the MA30 and the breakout retest zone. Holding above this area keeps SOL in a bullish rhythm and sets up another rotation toward 139.80 and the earlier high at 140.20. A clean reclaim above 139.50 with rising volume would confirm buyers are stepping back in.
If price loses 137.80 on strong sell volume, the intraday trend would shift into a deeper retrace. For now the market is stable, liquidity is healthy and buyers still control the broader direction as long as support levels hold.
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