$SOL

Price: ~$201 — up ~+5% in the past 24 hours

Just broke a rising wedge on daily charts — a bullish signal — with RSI at ~81 and MACD in positive territory

🧩 Chart Setup & Key Levels

Breakout confirmed above wedge resistance, volume spiking — now retesting the breakout zone around $196–200

Support zones: $196–200 (fresh flip zone), followed by $185–190 as deeper support

Resistance targets:

TP1: ~$230–250 (measured move from the wedge)

TP2: ~$270 next swing target

✅ Suggested Trade Framework (Square‑Style)

🔢 Step Details

Entry Zone $196–200 (retest of breakout)

Stop‑Loss Below $194 (fails the flip)

Take‑Profits TP1: $230–250<br>TP2: $270

💡 Why this works: Classic wedge breakout, strong volume, momentum indicators aligned — plus regional flip at support. It’s textbook Square‑Family structure!

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⚠️ Risk Watch

If SOL falls back below $196–194 support, we could see a pullback to $185–190

Always use responsibly sized positions and hard stops.

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🎯 Trade Plan Summary

Long around $196–200

SL at ~$194

TP1: $230–250

TP2: $270

Structured ✅, disciplined ✅, community‑minded ✅

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🙌 Join the Conversation!

Square Family – what are your thoughts on this breakout?

Is $196–200 a reliable launchpad or a potential trap?

Are you targeting $230 or aiming even higher?

Share your charts, setup ideas, risk strategies — let’s learn and grow together! 💬

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🛡️ Final Take

SOL has just confirmed a bullish wedge breakout and is retesting a key support zone. A structured trade with clear entry, stop, and targets aligns with Binance Square’s friendly, data-driven approach. Stay sharp, risk-aware, and supportive — and let’s ride this wave together! 🌊🚀

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