#MarketRebound That’s a solid trade setup! You’re spotting a classic support-to-resistance bounce with clear technical markers. Here’s a quick technical breakdown of your alert to validate the strategy:
Ticker: SOL (Solana)
Key Levels:
• Entry Zone: $148–$150 — You’re entering near resistance, so it’s a bit aggressive, but justified if momentum continues.
• Stop Loss: $143 — Good risk control, slightly below recent support.
• Target: $160+ — Matches next psychological and historical resistance.
Chart Reading:
• Bullish Candles: Indicate strength; likely a higher low forming.
• Volume Support at $133.82: Strong base, buyers stepping in.
• Breakout Trigger: If SOL breaks and holds above $150 on volume, momentum could surge.
Strategy Tip:
Consider scaling in with partial size at $148 and adding on confirmation above $150. You could also tighten your stop if it spikes to $153–$155 quickly and stalls.
Want a visual chart mock-up or candlestick breakdown to go with it?##MarketRebound