๐จ SOLANA TRADE IDEA ๐จ
๐ Technical Setup
Entry: ~$193
Stop-Loss: ~$150 (below key swing low)
Targets:
๐ฏ Short-Term: $205โ$210
๐ฏ Mid-Term: $220โ$230
๐ฏ Long-Term: Bold cup-and-handle breakout could aim much higher ๐
๐ Logic
SOL is showing a cup-and-handle breakout on higher timeframes โ bullish continuation signal.
Key support holds around $185โ190, resistance near $200โ210.
Short-term caution: an ascending wedge could trigger pullback if volume weakens.
โ๏ธ RiskโReward
Short-Term: Moderate (R/R ~0.5:1) โ
Long-Term: Massive upside potential (high-risk, high-reward) ๐ฅ
๐ฏ Probability:
Short-Term breakout: ~50โ60% if SOL stays above support
Long-Term run: speculative, but payoff could be huge ๐
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๐ Whatโs your view โ is SOL heading to $220+ soon or just building pressure for the next big move?