$SOL Today's Pro Futures Trading Plan: SOL/USDT - May 21, 2025
• Trade Direction: Long, supported by higher lows and recent bounce off \$164.40. Price reclaiming MA-20 hints at short-term bullish continuation.
• Entry Zone: $167.50–$168.30 (retest of MA-20 and minor consolidation zone)
• Stop-Loss: Below $164.40 (break of structure and key swing low)
• Risk/Reward Ratio: 1:2.2; favorable with clear structure and defined target levels.
• Profit Targets:
• Target 1: $171.70 (recent swing high)
• Target 2: $173.00 (1H supply and psychological resistance)
• Target 3: $176.00 (extension if momentum strengthens)
• Exit Strategy Note: Secure partials at Target 1, move stop to entry, trail above each higher low.
• Strategy Explanation: SOL formed a double bottom at $164.40 with bullish engulfing recovery. MA-20 holds as dynamic support.
• Volume Profile / Order Flow Notes: Increasing green volume with each dip suggests strong buyer interest.
• Leverage Note: Moderate leverage suggested due to volatile spikes and swift reversals.
• Market Sentiment Overview: Cautiously bullish with higher timeframe support and solid 1H recovery.
• Invalidation Level / Caution Note: Close below $164.40 negates bullish thesis—watch for breakdown signals.
• Alternative Scenario: If rejected near $170.70, a short setup to $165 may emerge on volume drop and bearish reversal signal.
Disclaimer: All trading involves risk. This content is for informational purposes only. Please trade responsibly.