Based on the chart, here’s a trade strategy for $SOL /USDT:
Entry (Buy) Strategy:
1. Support Level: SOL recently bounced near $115–$110 (close to the MA(99) level). If it revisits this range, it's a strong buy zone.
2. Confirmation: Look for a bullish candlestick pattern (like a green engulfing or hammer) near support before entering.
3. Momentum Indicators: Check if RSI (Relative Strength Index) is near or below 30 (oversold region) to confirm an entry.
4. Breakout Entry: If SOL breaks above $156 with strong volume, it can be a breakout buy for a short-term trade.
Exit (Sell) Strategy:
1. Target Levels:
Short-Term: Sell around $150–$156 (previous support turned resistance).
Mid-Term: If it breaks $156, hold until $205–$255 resistance zones.
Long-Term: If SOL gains bullish momentum, it could target $295 (previous high).
2. Stop Loss:
If buying near $115–$110, set a stop loss below $105.
If buying above $126, set a stop loss around $115 to limit downside risk.
Risk Management:
Never invest more than 2-5% of your capital in one trade.
Trailing Stop Loss: If the price moves in your favor, adjust the stop loss upward to secure profits.
