SOL LONG SCENARIO – TARGETING $268
$SOL is maintaining a stable upward momentum with a positive price structure on a larger timeframe.
Long entry zone:
Entry 1: $140
Entry 2: $124
Take profit target:
Target 1: $171
Target 2: $217
Target 3: $268
Cut loss: $70
The Long position around the upper price zones provides a good R:R ratio if the upward trend continues to be maintained. The target zones coincide with important previous resistance levels. Prioritize tight risk management and monitor price reactions at each zone.
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