#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.
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šĀ Create a post with #DayTradingStrategy and share your insights to earn Binance points! (Press the ā+ā on the App homepage and click on Task Center)$SOL /USDT ā Range Reversal in Play! š„ 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 ā breakout from here could fuel a push toward upper resistance.
š Trade Setup
Entry Zone: $150.80 ā $151.20 (current region)
šÆ TP1: $152.60
šÆ TP2: $153.40
SL: $147.80 (below range support)