$SOL Signal #SOL

strategy: Support-Retest Bounce or Breakdown Play

šŸ”¹ Bullish Scenario (Bounce Trade)

āš”Entry Zone: 158.00ā€“158.20 (if price respects the dotted green support line)

šŸ”„Target 1: 160.00 (first resistance)

šŸ”„Target 2: 161.80 (recent swing high)

šŸ’„SL: Below 157.20

ć€½ļøšŸ”» Bearish Scenario (Breakdown Play)

šŸ”„Entry: On break below 157.80 with volume spike

šŸ”„Target 1: 156.00

šŸ”„Target 2: 154.50

šŸ’„SL: Above 158.50

šŸ”„ Confirmation Tools

RSI: If RSI breaks below 50 with price breaking 158 ā†’ short bias

MACD/Histogram: Red bars increasing = bearish pressure

Volume: Look for increase in sell volume for short confirmation

šŸ§  Trading Tips:

Wait for 2ā€“3 candles for confirmation post support/resistance test.

Reduce position size if trading around major market news or volatility spikes.

Stick to 2:1 Risk-Reward Ratio minimum.