#SOL Today's Pro Trading Plan for $SOL/USDT - April 26, 2025
• Entry Zone:
$148.00 – $151.00
• Stop Loss:
$145.00 (below key support and moving averages)
• Risk/Reward Ratio:
1:2 minimum (targeting higher with momentum)
• Profit Targets:
• Target 1: $157.00 (recent high)
• Target 2: $162.00 (near MA(99) and strong resistance)
• Target 3: $170.00 (major psychological and technical level)
• Strategy:
• Trend Continuation Play: Price action is forming higher highs and higher lows. MA(7) and MA(25) crossed bullishly and momentum is strong. Look for minor pullbacks into the entry zone for positioning.
• Volume Confirmation: Ensure continuation with rising volume on bullish candles. If volume dries up or selling spikes, reevaluate.
• Market's Sentiment:
• Bullish Bias: Clear bullish structure on daily timeframe. However, minor intraday corrections are possible given the recent strong push.
• Invalidation Level / Caution Note:
• A confirmed breakdown below $145.00 on high volume invalidates the bullish setup and signals a potential retest of $131.00–$135.00 zone.