$SOL (SOLUSDT) Trade Strategy ๐ธ
๐ Current Price: $152.77 (+1.19%)
๐ Trend: Bullish โ but showing overbought signals (RSI: 86.84 | StochRSI: 100)
---
๐ฅ Key Zones
๐ Resistance: $152.80 / $153.50โ$154.00
๐ก๏ธ Support: $147.93 / $148.50โ$149.50
---
๐ฏ Entry Scenarios
๐ Breakout Long Setup
โ
Entry: Above $153.00 (look for rising volume confirmation)
๐ Stop: $151.50
๐ฏ Target: $154.50 / $156.00
โ ๏ธ Tip: Be wary of false breakouts!
๐ Pullback Long Setup
โ
Entry Zone: $148.50โ$149.50 (watch for bullish engulfing candles)
๐ Stop: $147.50
๐ฏ Target: $152.50โ$153.50
---
๐ Indicator Insights
๐น Bollinger Bands: Hovering near upper band = bullish pressure
๐น MACD: Confirmed bullish crossover
๐น RSI & StochRSI: ๐จ Overbought โ a short-term pullback is possible
๐น Volume Trends:
โโ๐ Increasing = strength behind move
โโ๐ Dropping = potential retracement ahead
---
โก Bonus Scalp Idea (Short Opportunity)
๐ Entry: $153.80โ$154.00 (only if bearish candlestick confirms resistance)
๐ Stop: $154.60
๐ฏ Target: $152.60โ$152.80
---
๐ก๏ธ Risk Management Plan
๐ฏ TP1: $153.50
๐ฏ TP2: $154.50
๐ฏ TP3: $$156.00+
๐ Move SL to breakeven at $153.00
๐ผ Risk only 1โ2% of capital per trade
---
๐ Stick to the plan. Follow the price. Let volume guide your conviction.
๐ฌ Like & follow for daily crypto setups ๐
#SOLUSD #CryptoStrategy #Binance #TradingPlan