Solana $SOL is forming a tight range under $169. A breakout is coming — here is a two-sided plan:
Setup 1 – Breakout Long
Entry: $169.60 (confirmed break above)
SL: $168.30
TP: $173.50
Confirmation: High volume + candle close above $169.5
Setup 2 – Range Reversal Short
Entry: $169.40 (rejection with long wick)
SL: $170.30
TP: $166.80
Confirmation: Bearish RSI divergence + volume drop
Indicators Used:
Bollinger Bands (15m)
MACD histogram momentum
VWAP reaction zones
Watch closely: A squeeze is coming. Don’t get caught7 mid-range.
!!! Please remember that all trading involves risk, and it's essential to conduct your own research before making any trading decisions !!!
