$SOL /USDT Trading Signal Alert
Setup: Cautious Long (Price above key EMAs but near 24h resistance).
Entry: $132.64 (Current price).
Take Profit:
- TP1: $134.79 (24h high).
- TP2: $136.21 (Next resistance level).
Stop Loss: $127.47 (Below EMA-25).
Rationale:
- Price trades above all EMAs (7/25/60/99/200), signaling bullish momentum.
- Strong volume ($468.20M) supports upward pressure, but MA(10) volume decline hints at potential fatigue.
- Immediate resistance at $134.79 (24h high); breakout could target $136.21.
- Risk-reward ratio: 1:2.2 (TP2 vs. SL).
Note: Tighten SL to $130.00 if price stalls near $134.79. A close below EMA-25 ($127.47) invalidates the bullish structure.
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