$SOL USDT Long Signal Update

$SOL /USDT – Long Trade Setup (15m Chart)

Technical Overview:

Price rebounded strongly from the low at $95.19

Broke above MA(7) and MA(25) with a strong bullish candle

Now trading at $101.65, attempting a breakout over short-term resistance

Volume increasing slightly, indicating bullish momentum building

All three MAs are still aligned bearish (MA7 < MA25 < MA99), so this is an early counter-trend trade

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🔼 Long Trade Plan

1. Conservative Entry (Breakout confirmation):

Buy Above: $102.50

Stop Loss: $100.30

Take Profit (TP):

TP1: $105.00

TP2: $107.80

TP3: $110.00 (major resistance zone)

Risk/Reward: ~1:2.5+

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2. Aggressive Entry (Support bounce):

Buy Between: $100.00 – $100.50 (support zone and MA retest)

Stop Loss: $98.90

Targets: Same as above

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Confirmation Checklist:

Bullish engulfing candle after bottom? ✔

Reclaimed MA(25)? ✔

Price making higher lows? ✔

Volume increasing near breakout