✅ SOL/USDT Long-Term Signal
Current Price: $167.23 — recently reclaimed key support/resistance zone and still bullish per multiple TA sources
Trade Type: **Long (Buy)**
🎯 Entry Zone
**$165.50 – $167.50** — near current price; it's a decent spot for low-slippage buy entries.
🏁 Take Profit (TP)
TP1: $180 — aligns with the short-term cup‑and‑handle breakout target
TP2: $187.50 – $190 — upper resistance from daily/mid‑term technical outlook
🛑 Stop Loss (SL)
**$162.00** — below recent swing lows (around $165 mark); protecting against daily breakdown.
Breakeven Rule: Move SL up to entry zone if price holds above $170.
🧠 Rationale
Technical Buy Signals: Multiple indicators point to bullish momentum—1-week and daily TAs—backing a breakout attempt .
Chart Patterns: Cup‑and‑handle formation taking shape, with bullish MACD and EMA crosses – pointing toward $180+ .
On‑chain Strength: Net exchange outflows indicate lower sell pressure, supporting upside potential .
Key MA Support: Goldens across 5/10/20/50‑periods reinforce the bullish setup .
⚠️ Risk Management Tips
Invalidation: If SOL closes below $162, the trade setup is invalid—consider exiting.
Position Sizing: Manage risk around 1–2% of your portfolio per trade.
Market Conditions: Monitor BTC sentiment. A sharp sell-off in BTC may trigger SOL breakdown.