#BreakoutTradingStrategy
⚡July Breakouts: Solana Builds the Stage for a Chain Reaction
As of July 8, 2025, Solana (SOL) is tightly range-bound around $151–$152, forming a symmetrical triangle on the 4‑hour chart, with key resistance at $154–$154.4. That setup screams breakout readiness!
Why this matters to breakout traders: once SOL breaks above $154–$155 with volume, expect a rapid run to $157–$162, possibly higher). That trigger can spark moves in altcoins like XEC, BONK, even BNB, as correlation tightens.
Strategy tip:
1. Entry near CME daily close, tight range breakout.
2. Confirm with volume candle closing above resistance.
3. Target 1:2 reward‑to‑risk, trailing stops under breakout support.
4. Watch catalysts: ETF updates, macro headlines, whales.
Don’t chase moves. Let the pattern form, then trade with conviction. July’s breakout season is heating up! 🔥