$SOL Trade Type: Long (Buy)
Entry Zone:
$141.50 – $143.00
This range is near local support and just above the 24h low ($141.41), providing a favorable risk/reward.
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Take Profit Targets (TP):
TP1: $147.00
Test of MA(99) and recent resistance zone
TP2: $150.50
Strong prior rejection area, good level to scale out
TP3 (optional): $157.00
Last major swing high — for extended upside if momentum strengthens
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Stop-Loss (SL):
$139.00
Below key support — if price breaks this, the setup is invalidated
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Risk/Reward Ratio:
Risk: ~$4 (entry $143 → SL $139)
Reward to TP2: ~$7.50 (entry $143 → TP2 $150.50)
R:R ~ 1:1.9, which is solid for a swing setup
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Confirmation to Watch Before Entry:
Stochastic K crossing up D below 30
RSI starts turning up from 35–40
Price holds above $141 for 1-2 candles