Solana ($SOL ) Trade Setup – Long Position

Trade Details:

Entry Price: $135 (Buy)

Stop-Loss (SL): $110 (Risk: $25)

Take-Profit (TP): $150 (Reward: $15)

Risk-Reward Ratio: 1:0.6 (Risking $25 to gain $15 – not ideal)

Trade Type: Long (Buy)

Trade Execution:

Buy SOL at $135.

Set Stop-Loss at $110 to protect against further downside.

Set Take-Profit at $150 to secure gains.

Monitor Resistance at $160, as it may act as a barrier.

Risk Considerations:

Downtrend Risk: Since SOL has broken support at $178 and could fall to $118 or lower, a long position is riskier.

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