Trade Setup: SOL Long Position
Market Context:
SOL is currently trading at resistance, and a small retrace is expected, providing a better level to enter into a trade.
Trade Setup:
Entry: Enter a trade at a retest of the $145 - $150 area of support.
Take Profit:
First target: $163.50 - $176.00
Second target: $188.50 - $200.00
Stop Loss: Place the stop loss just below $135 to allow for some volatility.
📊 Keep an eye on the price action and be ready to adjust the entry based on market conditions. #SOL #CryptoTrading #TradeSetup 🎯
SOL is currently trading at resistance, and a small retrace is expected, providing a better level to enter into a trade.
Trade Setup:
Entry: Enter a trade at a retest of the $145 - $150 area of support.
Take Profit:
First target: $163.50 - $176.00
Second target: $188.50 - $200.00
Stop Loss: Place the stop loss just below $135 to allow for some volatility.
📊 Keep an eye on the price action and be ready to adjust the entry based on market conditions. #SOL #CryptoTrading #TradeSetup 🎯
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