$SOL Long Position Strategy
➤ Entry Zone: $153 – $154 (retest of EMA99/lower band)
➤ TP1: $160 – $162
➤ TP2: $168 – $170 target if daily close decisively breaks above $160
➤ TP3: $182 – $187 (secondary resistance)
➤ Stop Loss: $149 (below lower pivot)
Rationale: Confirmed bullish trend with multi-timeframe buy signals. A breakout above descending channel near $154–155 triggers upside momentum .
Confirmation: For longs, seek a daily candle close above ~$156–157 with strong volume.
Trade Trigger: Shorts could initiate after bearish reversal candles near $160–162.
Monitor broader crypto sentiment— SOL ETFs or Bitcoin shifts may rapidly shift momentum.
Use EMA99/100 and RSI/MACD crossovers to time entries more precisely.
If SOL retests ~$153–154 and holds, it's a solid setup for a long position with 5–15% upside targets.
If SOL rallies near $160–162 but runs into resistance, consider a short/fade with close risk control.