🧠 I. General context and pattern
#SOL trading in a descending channel, testing the upper boundary of the channel at $152.68, which could be a key moment for an upward breakout.
Break of level $152.68 — potential signal to exit the channel → transition to the growth phase.
📊 II. Indicators (from the chart)
Indicator Value Interpretation
RSI (14) 64.00 Neutral-close to overbought, momentum is rising
MACD Lines cross upwards, histogram rises Strong bullish momentum
MA (7, 25, 99) Price above MA7/25, testing MA99 (147.96) Break of MA99 = confirmation of trend change
Ichimoku Price has exited the cloud, Senkou Span A > B Confirmation of growth
SAR Below price (upward trend) Confirms growth
Bollinger Bands Upper boundary broken Local overheating possible
Volumes Increase in volume on rising candles Confirmation of demand
🧱 III. Key levels and zones
🔻 Supports:
$144.84 – level 0.5 according to Fibo
$141.25 – 0.705 correction level
$137.00 – local minimum before reversal
$127.30 – level 1.618 according to Fibo
🔺 Resistances:
$152.68 – current resistance (needs to be broken!)
$156.33 – level -0.27 Fibo
$159.26 – key volume cut level
$166.74 – upper target for breakout
$180.49 – channel extremum
📈 IV. Likely movement scenario
🎯 Main (breakout):
Break $152.68 → consolidation above the level with retest
Movement to $156.3 → $159.2 → $166.7
Possible express shot to $180 in case of sharp volume growth
🐢 Alternative scenario:
Bounce down from $152.68
Support $144.8–$142.9 (ideal entry zone)
Reattempt to break upwards with volume fixation
📌 V. Trading setup
✅ Option A (aggressive entry — breakout of the channel):
Entry: $152.80 (on break of the upper boundary)
Stop-loss: $144.50 (under the cloud and Fibo 0.5)
Targets:
TP1: $156.33 (+2.3%)
TP2: $159.26 (+4.2%)
TP3: $166.74 (+9.1%)
TP4: $180.49 (+18.2%)
✅ Option B (conservative entry — from the retest):
Entry: $145.00–$142.90 (in the Fibo 0.5–0.705 zone)
Stop-loss: $137.00 (below the important volume and support zone)
Targets:
TP1: $152.68 (+5%)
TP2: $159.26 (+9%)
TP3: $166.74 (+15%)
TP4: $180.49 (+25%)
🔁 Risks and leverage:
When entering the zone $145–$143 — leverage x5–x7 is permissible
Upon breaking $152 — it is permissible to increase to x10, but only with volume
Risk/profit in both strategies from 1:2 to 1:5
🔮 VI. Summary
The chart shows an exit from consolidation, confirmation from indicators.
Main option — growth upon breaking $152.68, with target $156–166–180.
Alternative — entry lower with greater safety.
The strategy works with proper stop-losses and risk control.
