Bollinger Band Squeeze Strategy — $SOL
🎯 $SOL Is Squeezing — Volatility Is Loading!
One of my favorite setups for early entries is the Bollinger Band Squeeze. When bands narrow, the market is coiling — preparing for a move. The tighter the squeeze, the bigger the potential breakout.
🔍 Current Observation:
On the 4H chart, $SOL's Bollinger Bands have compressed significantly over the last 24 hours, showing the lowest volatility in days. Historically, this precedes explosive movement in either direction.
💡 How I Trade the Squeeze:
Wait for breakout from the upper or lower band.
Use confirmation — strong candle close above the band with volume.
Set alerts for price crossing $95 (upper band) or $88 (lower band).
Entry: On a clean close and slight pullback.
Stop-loss: Just inside the band.
Target: Previous swing high/low — $100–$105 for upside.
✅ Tip: This setup works best when aligned with macro momentum (e.g., BTC also rising).
📊 Check the chart below and notice the squeeze — it’s not random.
🔁 Do you scalp breakouts or wait for retests?
#sol #Bollingerbands #cryptotrading #Write2Earn