$SOL 🚀 BULLISH MOMENTUM 🚀
Chart Overview & Key Levels
Trend: SOL is trading around $185–$186, holding above an ascending trend line—indicative of continued bullish momentum. A breakout above $190 may propel further upside to around $195.50.
On shorter timeframes, key technical levels include:
Support Zones: $178, $172, and down to $165–$155 in larger swing scenarios.
Resistance Zones: $185, followed by $190 and potentially up to $195.
Trading Strategy
Strategy Type Entry Zone Stop-Loss Targets
Aggressive Long $183 – $185 Below $178–$180 $190 → $195
Breakout Play Confirm close > $190 Below $188 $195 → $200–$205
Dip Entry / Swing $178 – $180 Below $172 $185 → $190+
Tactical Notes:
1. Aggressive Long: Enter around current levels ($183–$185) with tight risk below the trend line (~$178). Expect initial resistance near $190.
2. Breakout Strategy: Watch for a strong candle close above $190 with expanding volume for a confirmed breakout. Targets extend toward $195–$205.
Risk Management: Use small position size (<2%) per trade, trail stops as the trade goes in your favor, and avoid overleveraging in volatile moves.
Why This Works
You’re combining multiple reliable technical frameworks—ascending trend lines, price structure, key support/resistance zones, and volume confirmation—to build a robust trade plan. This aligns with core principles of trend-following and price action trading, which prioritize structure, momentum, and disciplined risk control.
