#Share_Your_Trades $SOL
The image illustrates the execution of a buy order for Solana (SOL) against the US Dollar (USDT) on a trading platform (most likely Binance or similar), and here is a quick analysis:
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✅ Trade Details:
Type of Trade: Buy (indicated as "Buy" in green)
Trading Pair: SOL/USDT
Price: $157.15 per Solana unit
Quantity: 0.636 SOL
Trade Value in Dollars:
157.15 × 0.636 = approximately $99.96
Execution Time: 2025-06-30 at 21:30:17 (platform time)
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📈 Chart Analysis:
We notice a sharp price jump at the moment of entry, indicating:
Positive news or a strong announcement that drove the price to rise suddenly.
Or the trade was executed at the beginning of a strong upward wave (Breakout).
After the rise, the price stabilized relatively between $156 and $158.
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🔍 Was it a good trade?
The entry point is excellent if the price continues to rise after the purchase.
However, it is essential to:
Set a stop loss below the 150–152 support level as a precaution.
Monitor the nearby resistance at $160–162 for potential correction.
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✅ Recommendation:
If you are in the trade: Hold it while closely monitoring the movement.
If the price reaches $162–165: Consider taking partial profits.
Strong Support: $150 – any break below it may indicate a wider correction.