$SOL

– Short-Term Trade Setup 🔍📊

🔑 Suggested Buy Range

Buy Zone: $149.80 – $149.90

(Current market value sits around this range, aligning slightly above the central Bollinger Band, indicating a potential bounce.)

🛡️ Risk Management – Stop-Loss Level

Stop-Loss: $148.50

(Placed just below the lower Bollinger Band. This allows some room for market fluctuations but helps limit downside if the trade moves against your position.)

🎯 Profit Booking Strategy – Target Zones

Target 1 – $150.10

(Aligned with the upper Bollinger Band, where short-term resistance may be encountered.)

Target 2 – $150.55

(This level is close to the previous local peak within the last 24 hours. It’s a smart point to scale out before potential sellers step in.)

Target 3 – $150.90

(Around a key psychological round number, which often acts as resistance for quick scalping opportunities.)

Why This Setup?

This short-term play on Solana (SOL) is designed for traders who follow technical-based intraday entries. Bollinger Bands are showing compression, and SOL is sitting in the middle band range — suggesting a possible quick move to the upside if volume increases.

Placing the entry slightly above the mid-band helps reduce risk of catching a false breakdown, while the stop-loss gives the trade some breathing room without exposing you to major losses.

Each take-profit level has been carefully selected:

✔ TP1 captures a modest gain near short-term resistance.

✔ TP2 locks in profits near recent market highs without being too greedy.

✔ TP3 aims for a psychological ceiling where quick scalpers often exit.

📌 Reminder: This setup is shared strictly for educational purposes. Always analyze the charts yourself and apply proper risk control. This is not financial advice.

📢 Share your thoughts:

Do you see bullish momentum building for SOL? Or is it a trap in disguise?

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