SOL/USDT Trade Strategy
Bullish Strategy (If Price Breaks $247 Resistance)
Entry: Buy above $247 after confirmation (strong volume & breakout).
Target: $250 - $260, then $270 if momentum continues.
Stop-Loss: Below $233 to minimize risk.
Bearish Strategy (If Price Fails at Resistance and Drops Below $233)
Entry: Sell/short below $233 after confirmation (breakdown with volume).
Target: $220, then $205 if selling pressure continues.
Stop-Loss: Above $247 to prevent losses from a reversal.
Additional Notes
Watch volume and moving averages for confirmation.
Avoid trading in choppy conditionsโwait for clear breakouts or breakdowns.
Use trailing stop-loss to lock in profits if momentum continues.
