$SOL

SOL/USDT Long Setup โ€“ 4H Timeframe ๐Ÿš€

This setup is based on a potential bullish reversal, with well-defined entry, stop-loss, and take-profit levels for a calculated trade.

๐Ÿ“Œ Entry Zone: 177 - 175 USDT

โœ… Price is near a key support level and the lower Bollinger Band, indicating a potential bounce.

โœ… RSI is oversold, increasing the chances of a reversal.

โœ… A breakout entry can also be considered if the price closes above 180 USDT with strong volume.

๐Ÿ”ป Stop Loss: 172.50 USDT

โš ๏ธ If the price breaks below this level and fails to recover, the trend may continue downward.

๐ŸŽฏ Take Profit Targets:

๐Ÿ”น TP1: 185 USDT โ€“ First resistance level.

๐Ÿ”น TP2: 190 USDT โ€“ Middle Bollinger Band.

๐Ÿ”น TP3: 198 - 200 USDT โ€“ Strong resistance zone (ideal for partial profit-taking).

๐Ÿ“Š Confirmation Signals:

โœ… RSI (6) should move above 30 for bullish momentum confirmation.

โœ… Look for a bullish engulfing candle or strong buying volume near 175 - 177 USDT.

Risk-Reward Ratio: ~1:3 (Ideal for a swing trade)

โšก Bonus Tip: If SOL flips 180 USDT into support, it could trigger a strong uptrend towards 190+ USDT.

๐Ÿš€ Trade smart, set stop-loss, and manage risk!