$SOL
📈 Long Position (Bullish Scenario)
Entry: $165.00–$167.00 (support zone)
Take Profit (TP): $180.00 (next resistance)
Stop Loss (SL): $160.00 (below support)
Rationale: SOL is maintaining a bullish trend above the $165 support level. A rebound from this zone could target the $180 resistance.
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📉 Short Position (Bearish Scenario)
Entry: $200.00 (strong resistance)
Take Profit (TP): $187.00
Stop Loss (SL): $206.10
Rationale: A rejection at the $200 resistance could indicate a potential correction, targeting the $187 support.
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⚠️ Risk Management
Risk-to-Reward Ratio: Aim for a minimum of 1:2 to ensure potential profits outweigh losses.
Position Sizing: Adjust your trade size based on your risk tolerance and account size.
Market Conditions: Always consider broader market trends and news that may impact SOL's price.
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