$SOL
š„ $SOL/USDT ā Channel Support Bounce š¢
š° Price: $176.97
š Timeframe: 1H
š Setup: Rejection from lower channel boundary (parallel trend support)
š Signal Type: Long on structure continuation
ā
Long Entry Plan:
š Entry Zone: $175.5 ā $177.0
š Confirmation: 1H candle hold above $176
šÆ Targets:
šÆ TP1: $180.5
šÆ TP2: $185.0
šÆ TP3: $190.0 (channel top)
š”ļø Stop-Loss:
š Below $172.5 (loss of channel support)
āļø Risk:Reward Estimate:
šÆ Entry: $176.5 ā TP2: $185.0 ā R:R ā 2.5:1
ā” Summary:
SOL has respected its rising parallel channel and is bouncing from the lower trendline again. Volume is picking up, and structure favors a move toward the mid or upper range. š