$SOL
Trading Setup for SOLUSD (5m Chart)
Trend: Bullish (price above EMAs, higher lows). Near resistance at 148.80–149.00.
Long Trade (Preferred)
Entry: 148.15 (pullback to 50 EMA) or 149.10 (breakout above 149.00).
Take Profit: 150.00.
Stop Loss: 147.00 (below 200 EMA).
Risk-Reward: 1:1.6 (pullback entry).
Short Trade (If Rejection at 149.00)
Entry: 148.80.
Take Profit: 147.21 (200 EMA).
Stop Loss: 149.50.
Risk-Reward: 1:2.27.
Recommendation: Go long at 148.15, but watch for breakout or rejection at 149.00.