$SOL /USDT
Current Market Snapshot
Price: $160.50
24h Low: $160.17 (currently sitting just above it)
Bollinger Bands:
Lower Band (DN): 160.41 → price just below this, often a bounce zone
Middle Band (MB): 164.43
RSI(6): 15.14 — very oversold
Volume: Picking up — possible reversal support
✅ Long Trade Setup (Scalp or Intraday Rebound)
📍 Entry Point (EP):
$160.50 (current price — near lower Bollinger band & support)
🛑 Stop Loss (SL): $159.30
Below 24h low and recent wick support
~1.2% downside
🎯 Take Profits:
TP1: $162.50 — quick reaction toward resistance block
TP2: $164.40 — Bollinger midline / mean reversion
TP3: $167.00 — upper structure break target
📊 Trade Levels Summary
Level Price (USDT)
EP 160.50
SL 159.30
TP1 162.50
TP2 164.40
TP3 167.00
⚖️ Risk Management Example
Account Size: $1,000
Risk per Trade: 1% ($10)
SL Distance: $160.50 - $159.30 = $1.20