$SOL SOL intraday trading ideas continue.

Earlier, I mentioned the entry price and stop-loss setting for SOL intraday long positions. Currently, SOL's 4-hour closing price did drop below 125 at one point; however, at the same time, Bitcoin's closing price remained above 83000. Therefore, I chose to keep my intraday long position in SOL instead of stopping out.

In the current 4-hour chart, SOL's lowest price not only corresponds with previous support levels but also perfectly touches the ascending trend line (see the chart below) before starting to bounce back. Meanwhile, Bitcoin on the 1-hour chart shows signs of a trend reversal, so I will continue to hold the SOL long position and observe.