Trade Plan – Based on Reaction at Support

Scenario A: Bullish Reversal at Support

Entry: $146–144

Stop-Loss: Below $141

Target 1: $151

Target 2: $156

Target 3 (if breakout): $160+

Risk-Reward: Excellent (~1:2.5+ depending on SL/TP)

Confirmation: Bounce with volume or RSI divergence (check oscillator if possible)

Scenario B: Breakdown of Support

Short Entry: Below $141

Stop-Loss: Above $146

Target 1: $137.30

Target 2: $135.00

Target 3: $130 (if major panic/selloff)

Confirmation: 2H candle close below $141 with volume spike

Risk Management

Use small size initially; scale in on confirmation

Set alert near $144 for bounce or breakdown

Watch for fakeouts — descending triangle patterns often trap early traders

$SOL

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