🟢 SOLANA (SOL) LONG TRADE SETUP – High Risk/Reward Opportunity! 🚀

📉 Current Market Overview: Solana (SOL/USDT) is showing a potential bounce opportunity after a sharp correction from its recent high of $187. The price has dipped below the 25 EMA and is testing key support zones with bearish volume exhaustion — indicating a possible reversal setup.

📌 Long Setup Details:

🔹 Entry Zone: $141 This area is a key historical support and demand zone where buyers previously stepped in (around the May 1st bottom). We're watching for a bullish candle confirmation or a wick rejection to trigger the entry.

🔻 Stop Loss: $135 Place SL just below the previous wick low to manage risk in case of further breakdown.

🎯 Take Profit Targets:

🥇 TP1: $157 — Near the 99 EMA resistance zone and recent consolidation.

🥈 TP2: $168 — Near the 25 EMA, a strong resistance level and potential mid-term target.

🥉 TP3: $180+ — Full recovery to the previous top zone near the bearish breakdown.

📊 Risk/Reward Ratio:

RR for TP1: ~2:1 ✅

RR for TP2: ~3.5:1 ✅✅

RR for TP3: ~5:1 ✅✅✅

🔎 Technical Indicators:

MACD shows oversold conditions with potential bullish crossover forming.

Volume decline during the dump = seller exhaustion.

EMA(99) acts as dynamic support.

⚠️ DISCLAIMER: This is not financial advice. Always do your own research (DYOR) and manage risk according to your capital size. Use position sizing smartly and respect your stop loss.

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