Scalp trading SOL/USDT involves making short-term trades to profit from small price movements, as shown in the 5-minute chart. Based on the provided image, here’s a basic strategy:$SOL
1. **Identify Support and Resistance**: The chart shows a resistance zone around $149.15-$150.38 and support near $149.15. Look for price action near these levels.
2. **Entry Points**: Enter a long position when the price bounces off support (e.g., $149.15) with a strong candle, or a short position when it rejects resistance (e.g., $150.38).
3. **Exit Points**: Set a small profit target, such as $0.50-$1.00 per trade (e.g., from $149.15 to $149.65), and use a tight stop-loss (e.g., $0.20 below entry) to manage risk.
4. **Indicators**: Use the KDJ (K: 36.20, D: 43.32, J: 21.95) for overbought/oversold signals. Enter long when J crosses above D near support, and short when J crosses below D near resistance.
5. **Volume Confirmation**: Ensure trades align with increasing volume (e.g., 1.8M SOL traded) for stronger momentum.
Risk management is key—limit each trade to a small percentage of your capital (e.g., 1-2%). Practice on a demo account first. For real-time data or further analysis, I can search the web if needed—just let me know!