SOL · 1H · UPTREND

Price has been grinding higher since the ~$64 lows on June 25-26, with the most recent leg launching through $75 resistance and printing fresh highs above $83. The structure is clear — higher highs and higher lows dominating the entire right side of the chart. That said, the move from $65 to $83 is a massive ~28% run in a short window, and price is now extended well above where any meaningful support sits. I'm not chasing this vertical move — mid-range entries between $75 and $81 give me poor R/R, and I'd be buying into momentum that's already been burning for days. My play is to wait for a pullback into the $77–$78 zone, which acted as a swing point during the late June / early July consolidation before the final push higher. That's where I want my long.

Setup: LONG (conditional)

- Entry: $77.50 (pullback into prior breakout zone, on a hold with no clean breakdown below)

- Stop Loss: $75.20 (below the prior consolidation cluster and the swing low structure)

- Take Profit 1: $81.00 (near-term prior swing high and psychological level)

- Take Profit 2: $83.50 (extension of current move, just above the recent high)

- Risk/Reward: 2.6:1 (to TP1)

- Confidence: MEDIUM