#SolanaSurge If you're into short-term daily trading, so you’ll want tight setups, quick entries/exits, and clean risk management.
Here’s a full setup for daily Solana (SOL) trades, using price action + a couple of reliable indicators.
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Your Solana Daily Trading Strategy
1. Indicators to Use
Use these on the 15min, 1hr, or 4hr chart:
RSI (14): Overbought >70, Oversold <30
MACD: Look for bullish or bearish crossovers
EMA (20 + 50): Use for trend confirmation
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2. Strategy Playbook
A. Pullback Buy
Entry: When price dips to EMA-20 and RSI is rising from below 30
Confirmation: MACD crossover + green candle
Target: +2–5% move
Stop Loss: Just below the most recent swing low
B. Breakout Buy
Entry: Break above resistance (e.g., $135 or $140)
Volume: Needs to spike!
Target: Next resistance level (e.g., $147–$150)
Stop Loss: Back inside breakout level (e.g., $132)
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3. TradingView Alerts Setup (Example)
A. RSI Oversold Alert
Go to RSI → Click the settings → Add alert:
Condition: RSI crosses below 30
Use: Potential buy setup coming
B. Price Cross EMA-20
Condition: Price crosses below EMA-20 → possible pullback zone
Combine with MACD crossover for entry
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4. Risk Management
Only risk 1–2% of your capital per trade.
Keep risk:reward = 1:2 or 1:3 (example: risk $10 to make $20–30)
Don’t overtrade — 1–2 good setups a day is enough.
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Want me to write you a ready-to-use TradingView strategy script or help you set alerts in Binance or another platform?