HighRiskManagement

Signal 🚨
Coin: $SOL / USDT

Direction: LONG (HIGHLY CONDITIONAL & CONFIRMATION NEEDED!) 📈

Current Price: 147.03 USDT
Why we're looking Long (The Safer Approach):
SOL is currently in a strong downtrend (within or breaking below the blue descending channel). While it's hitting a potential demand zone, we must wait for clear bullish confirmation before considering a long position against this strong momentum. This aims to avoid "catching a falling knife" and increase the probability of a successful reversal trade. 🧘‍♂️

🎯 Entry Condition - BE PATIENT & CONFIRM!
DO NOT ENTER YET. We need to see:

• A clear bullish reversal candle pattern (e.g., a strong bullish engulfing candle, hammer, or piercing pattern) forming right at this demand zone (purple box).

• OR, price must re-enter and clearly sustain/close above the lower boundary of the blue descending channel.

• Only THEN, look to LONG around 147.00 - 147.50 USDT after confirmation! ✅
Targets (TPs):

TP1: 149.34
TP2: 149.82
TP3: 150.92
TP4: 151.12
TP5: 152.23 🚀 (Higher targets within the channel)
* ...and subsequent TPs as per the chart if momentum is strong.

Stop Loss (SL):
SL: 146.24 ⛔️ (Must be strict, below confirmed demand zone)

Timeframe: 15m ⏱️

Reason for Correction: Betting on a direct reversal in a strong downtrend without clear confirmation is very risky. This strategy prioritizes confirmation of bullish strength before entry.

DYOR! This is NOT financial advice. Trade responsibly and only after clear confirmation. 🙏
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