Market Context:
SOL has retraced to the bottom of its range support, offering a favorable entry for a long spot trade. Given its strong trend, this could be a high-probability setup for continuation to the upside.
Trade Details:
Entry Zone: $160 - $180 (bottom of range support)
Take Profit Targets:
$200 - $225
$260 - $275
Stop Loss: Just below $155
This setup provides a strong risk-to-reward ratio, with price consolidating near a key level before a potential breakout. Manage risk accordingly and stay disciplined! 📈🔥
SOL has retraced to the bottom of its range support, offering a favorable entry for a long spot trade. Given its strong trend, this could be a high-probability setup for continuation to the upside.
Trade Details:
Entry Zone: $160 - $180 (bottom of range support)
Take Profit Targets:
$200 - $225
$260 - $275
Stop Loss: Just below $155
This setup provides a strong risk-to-reward ratio, with price consolidating near a key level before a potential breakout. Manage risk accordingly and stay disciplined! 📈🔥
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.