$SOL /USDT – Long Trade Setup
$SOL is showing a strong support retest around $205, holding its key demand zone after a sharp retracement. With bullish momentum building, a potential bounce toward higher levels is likely if the support holds. Entering here gives a favorable risk-to-reward ratio as the chart signals a possible continuation of the upward structure.
Entry: 205.70 – 206.00
Targets:
Target 1: 210.00
Target 2: 212.50
Target 3: 214.70
Stop-Loss: 202.70
Risk Management: Allocate only 3–5% of capital. Once Target 1 is reached, shift stop-loss to entry and trail further for safety.
Pro Tip: Watch for a breakout in volume near $210; confirmation here may lead to a fast push toward higher resistance levels.