$SOL SOL/USDT Trade Idea — 5th May 2025
Looking at the current SOL/USDT price action, we have a fresh opportunity setting up!
Trade Setup:
• Entry Zone: $146.00 – $147.50
• Stop Loss: $142.50
• Take Profit 1: $154.00
• Take Profit 2: $160.00
Technical Outlook:
• SOL is holding strong above key support at $145.
• RSI is approaching overbought, but momentum (MACD) remains bullish.
• A bounce from current levels can push price towards the $154–160 resistance zone.
Risk-Reward: Approx. 1:2.5
Trade Bias: Short-term bullish
Disclaimer:
This is not financial advice. Please manage your own risk and do your own research (DYOR).
