The M5 chart of SOLUSD displays a bullish breakout from a critical support level at 70.29, confirmed by a surge in volume during the consolidation phase. Following a sharp decline from 74.57 to 70.44, the price has formed a base near the 70.29-70.44 range, with recent candles showing increased buying pressure. The close above 70.29 marks a pivotal reversal, suggesting potential momentum toward higher prices. Key resistance at 72.13 remains intact, offering a clear target for the upward move. The volume spike in the 72.71-73.62 range indicates strong institutional participation, validating the strength of the current bullish setup. With the…

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