#BreakoutTradingStrategy

Day trading is the practice of opening and closing trades within the same day to capitalize on intraday price movements while avoiding overnight risk. It requires discipline, quick decision-making, and effective trade management.

šŸ’¬ What day trading strategies work best for you? How do you keep emotions in check and manage risk during fast markets?

šŸ‘‰Ā Create a post with #DayTradingStrategy and share your insights to earn Binance points! (Press the ā€œ+ā€ on the App homepage and click on Task Center)$SOL /USDT – Range Reversal in Play! šŸ”„ Breakout Eyes Set on $153+

Current Price: $151.16 (+0.02%)

$SOL has formed a clean range between $148.00 support and $153.00 resistance. After a double-tap at the bottom demand zone, buyers stepped in strongly and price is now forming a bullish V-shape recovery. The mid-range flip is underway — breakout from here could fuel a push toward upper resistance.

šŸ“Š Trade Setup

Entry Zone: $150.80 – $151.20 (current region)

šŸŽÆ TP1: $152.60

šŸŽÆ TP2: $153.40

SL: $147.80 (below range support)