Setup for $SOL
/USDT:
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1. Coin Name:
$SOL /USDT*
*2. 24 Hours Change*:
*-0.32%* (A slight downward movement in the last 24 hours.)
*3. Targets*:
- *TP1*: *122.47* – The price is near this level, which acts as a support region. If the price drops further, this could be the first target.
- *TP2*: *121.22* – A potential next support level. If the price breaks through TP1, it could aim for this level.
- *TP3*: *120.00* – A rounded psychological level that could be another potential support zone.
*4. Entry Time*:
- *Sell Entry*: The current price is *124.74*. You can enter a short position now if you believe the price will decline, especially given the downward trend over the past day.
*5. Stop Loss*:
- *Stop Loss*: Place a stop loss at *125.86* (a level just above the recent highs), to protect yourself from a price reversal if the market moves against your position.
*6. Take Profit*:
- *Take Profit (TP1)*: *122.47*
- *Take Profit (TP2)*: *121.22*
- *Take Profit (TP3)*: *120.00*
*7. Maximum Profit*:
- *Maximum Profit*: If the price reaches *120.00*, your potential profit would be approximately *3.8%* from the entry point.
*8. Maximum Loss*:#VIRTUALWhales