🚨 Solana (SOL) Trade Setup & Technical Outlook 🚨
📊 Current Price: ~$198
✅ Chart Pattern / Logic: SOL is consolidating in a strong range and forming a cup & handle breakout setup. A daily close above $190 resistance could trigger a major bullish move.
🎯 Targets:
TP1: $200 – $206
TP2: $220 – $250
Long-term: $300+ if breakout sustains 🚀
🛡️ Stop Loss (SL):
Aggressive Entry: $150 (below support)
Breakout Entry: $175 – $180 (below breakout zone)
⚖️ Risk-Reward (RRR):
Aggressive Entry: ~4.5:1
Breakout Entry: ~1.5 – 3:1
📈 Probability Edge:
Strong pattern confirmation
Institutional bullish sentiment (spot SOL ETF approval odds ~95%)
Clear risk management setup
🔥 Summary: Solana is at a critical level. A confirmed breakout above $190 could unlock significant upside potential. Trade with discipline — clear SL, staggered TPs, and patience.
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