$SOL /USDT 15-minute chart from Binance, here's your scalping trade setup with detailed entry, TPs, SL, and risk management:
✅ Trade Setup (LONG Position)
Entry Price (EP): $172.99 (current price)
Stop Loss (SL): $171.20 (below recent swing low and 99 MA support)
🎯 Take Profit Levels
TP1: $174.00 (recent local high)
TP2: $175.50 (psychological & round number resistance)
TP3: $177.00 (next projected resistance based on momentum)
⚖️ Risk Management Example
Assume you're trading with a $1,000 account and risking 1% per trade.
Risk ($): 1% of $1,000 = $10
Stop Loss Distance: 172.99 - 171.20 = 1.79 USDT
🛡️ Strategy Notes
Partial Profit Booking:
TP1: Close 30%
TP2: Close 40%
TP3: Let 30% ride or adjust stop to breakeven
Confirmation: Wait for a bullish 15-min candle with increasing volume before entering