🚨 Trade Alert 🚨

$SOL /USDT Technical Analysis & Trade Signal
Trade Signal

Pair: SOL/USDT

Direction: Long (Buy)

Entry Price: $192.65

Stop Loss: $189.50

Take Profit: $193.21

Technical Analysis

Chart Pattern:

A breakout above resistance around $192.61 is visible.The price action shows a higher low pattern, indicating bullish momentum.

Key Levels:

Entry: $192.65 (confirmation of breakout above resistance).Take Profit (TP): $193.21 (next resistance level above the breakout point).Stop Loss (SL): $189.50 (below the previous support to manage risk).

Indicators:

Parabolic SAR: Positioned below the candles, suggesting an uptrend.Volume: Check for an increase in volume to confirm the breakout’s strength.

Risk/Reward Ratio:

Risk: $192.65 - $189.50 = $3.15.Reward: $193.21 - $192.65 = $0.56.Risk/Reward Ratio: ~1.78 (a reasonable setup for a short-term trade).

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