$SOL what are the potential entry and exit points?
🔹 Entry Points (Buying Opportunities)
1. Breakout Entry: If SOL breaks and holds above $140.22 (24h high), it signals strength. Enter here with confirmation (higher volume).
2. Pullback Entry: If SOL retraces to $136-$137 (near support) and shows buying pressure, it’s a good entry.
3. Aggressive Entry: Buying now at $139.66, but with a stop-loss below $135.50 to manage risk.
🔹 Exit Points (Profit Targets & Stop-Loss)
• First Target (Short-Term): $145
• Second Target (Key Resistance): $147-$148
• Final Target (If Momentum Continues): $150+
🔻 Stop-Loss:
• Conservative: $135.50 (below recent support).
• Aggressive: $133.50 (wider stop but safer against fakeouts).
🔹 Trading Strategy
• If volume increases and $140.22 breaks, it’s a good bullish confirmation.
• If it fails to break, expect a pullback to $136-$137 before another attempt.
• RSI near 70 suggests overbought conditions, so taking partial profits at $145-$147 is wise.
Final Verdict:
• Bullish if SOL stays above $136 and breaks $140.22 with strong volume.
• Bearish if it drops below $135, which could lead to a retest of $133 or lower.