#CanadaSOLETFLaunch
Check my today $SOL trade analysis on coinmarketcap here
https://coinmarketcap.com/community/post/357331729
🟢 Buy Trade – Reversal Setup
Entry: $122.70
Stop Loss: $121.50
Take Profit 1: $124.00
Take Profit 2: $126.30
🔹 Risk per SOL:
$122.70 – $121.50 = $1.20
🔹 Total Risk (1.5 SOL):
$1.20 × 1.5 = $1.80
🔹 Reward to TP1 (124.00):
$124.00 – $122.70 = $1.30/sol
1.30 × 1.5 = $1.95 total
Risk-to-Reward = 1.95 / 1.80 ≈ 1.08
🔹 Reward to TP2 (126.30):
$126.30 – $122.70 = $3.60/sol
3.60 × 1.5 = $5.40 total
Risk-to-Reward = 5.40 / 1.80 ≈ 3.00 ✅
Summary: Great R:R to TP2. Acceptable short-term scalp to TP1.
share your thoughts in the comments session