#MarketRebound SOL/USDT 15-Minute Chart - Trade Setup Analysis

The chart displays a bullish crab harmonic pattern forming on the 15-minute timeframe. Here’s a breakdown of the trade setup:

1. Harmonic Pattern:

• The crab pattern indicates a potential reversal zone near Point D, aligning with the 2.618 Fibonacci extension level.

• Price reversed sharply after hitting the crab completion zone, confirming the pattern’s validity.

2. Trend Analysis:

• Short-term trends (50 and 100 bars) show a strong uptrend, while the 150- and 200-bar trends are relatively sideways.

• Breakout above the green trendline suggests bullish momentum.

3. Trade Details:

• Entry: Around $103.26 (bullish breakout confirmation).

• Target: $116.41 (Crab’s extension target reached).

• Stop Loss: Below $103.17 (structure low for pattern invalidation).

4. Outcome:

• The trade setup yielded over a 12.5% move, hitting the projected target near $116-$118.

This setup highlights how combining harmonic patterns with trend confirmation can lead to effective entries and exits. Always use proper risk management when trading setups like this.

Would you like a detailed breakdown of harmonic patterns or further insights into this trade$SOL