5-Minute Scalping Strategy for SOL/USDT (Manual - No Indicator)
1. Focus on Critical Order Book Levels
Strong Support: Look for large bid volume around 117.93 – 117.94 (price is likely to bounce back up from here).
Strong Resistance: Look for large ask volume around 118.10 – 118.20 (price is likely to drop down from here).
2. Quick Entry and Exit (Price Action)
Buy Entry when the price approaches strong support (e.g., 117.93) and starts to rise again.
Confirmation: Look for new higher bids appearing.
Sell Entry when the price approaches strong resistance (e.g., 118.20) and starts to drop again.
Confirmation: Ask gets thicker and bid gets thinner.
3. Target and Stop-Loss
Profit Target: 0.1 – 0.3 USDT per SOL (e.g., buy at 117.94, sell at 118.10).
Stop-Loss: 0.2 – 0.3 USDT below entry (e.g., buy at 117.94, cut loss at 117.70).
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Additional Indicators (If Using TradingView / Binance Chart)
Add these to the 1- or 5-minute chart:
1. EMA 9 and EMA 21 – Entry when EMA 9 crosses above EMA 21 (for buying).
2. RSI (14) – Entry when RSI rises from below 30 (oversold) or falls from above 70 (overbought).
3. Volume – Entry only when there is a spike in volume, as confirmation of momentum.
