$SOL ๐Ÿ“ˆ

BNB/USDT (4h timeframe), and I see a symmetrical triangle pattern forming. That usually indicates price compression before a breakout, either upward or downward.

Hereโ€™s a breakdown:

๐Ÿ”น Key Levels

Current price: 844.44

Resistance (upper triangle line): ~855โ€“860

Support (lower triangle line): ~830โ€“835

๐Ÿ“Œ Trade Setup

โœ… Long (Bullish Breakout scenario)

Entry: Above 860 (wait for breakout + retest if possible)

Take Profit (TP):

TP1: 880

TP2: 900

TP3: 920 (pattern target)

Stop Loss (SL): Below 835

โŒ Short (Bearish Breakdown scenario)

Entry: Below 830 (confirmed breakdown)

Take Profit (TP):

TP1: 810

TP2: 790

TP3: 770

Stop Loss (SL): Above 855

โš ๏ธ Since triangles can break both directions, best is to wait for confirmation candle with strong volume before entering.