⚡ Binance Futures Signal: $SOL (SOL/USDT)
Disclaimer: This is not financial advice. Crypto futures trading is high-risk, especially with leverage. Do your research and manage your risk carefully.
🔰 Trade Type: Long (Buy)
🔰 Entry Zone: $145 - $148
Rationale: SOL is testing support near $145 with a slight uptick in volume and RSI is showing signs of stabilization after a dip, hinting at a potential reversal.
Take-Profit Targets:
🔔 TP1: $152 (initial resistance)
🔔TP2: $158 (next key level)
🔔 TP3: $165 (bullish extension)
Rationale: These targets align with recent highs and Fibonacci levels, offering achievable profit zones if momentum picks up.
🚫 Stop-Loss: $142
Rationale: Placed below the $145 support to minimize losses if the price continues downward.
❗ Leverage: 5x - 10x
Adjust based on risk appetite (e.g., 3x for lower risk). Solana’s volatility (1.91%) supports moderate leverage for short-term trades.
⏰ Timeframe: 1-2 days (short-term scalp/swing trade)
Reflects $SOL ’s current consolidation phase and potential for a quick bounce.
Disclaimer: This is not financial advice. Crypto futures trading is high-risk, especially with leverage. Do your research and manage your risk carefully.