#MarketRebound
** Disclaimer** This analysis is for informational purposes only and not financial advice. #DYOR!!
$SOL Entry Points:
Bullish:
Buy on a confirmed breakout above $151 with volume, targeting $180–$185. Set stop-loss below $128.
Dip Buy: Enter near $128–$133 if support holds, with a stop-loss below $118.
Bearish:
Short below $128, targeting $110–$120, with a stop-loss above $141.Risk Management:Use a 1–2% risk per trade based on your portfolio size.Monitor broader market trends, as $SOL is highly correlated with Bitcoin and Ethereum.Watch for news on token unlocks or network developments (e.g., Solana Mobile, NFT ecosystem).
Timeframe:
Focus on 1-hour to daily charts for short-term trades. Use 4-hour charts for swing trading setups.
Key Levels to Watch
Upside Targets: $151, $180, $185, $200.
Downside Risks: $128, $118, $110, $75.
Confirmation Levels:
Break above $151 (bullish) or below $128 (bearish).
** Disclaimer** This analysis is for informational purposes only and not financial advice. Cryptocurrency trading involves high risks, and past performance does not guarantee future results. Always conduct your own research and consult a financial advisor before making investment decisions.