Solana (SOL) Trade Setup – May 23, 2025
Entry: $178–$182 (on a confirmed retest or continuation above $180)
-Target 1: $189 (0.382 Fib level)
-Target 2: $200 (psychological resistance & next Fib zone)
Stop-Loss: $168 (below recent support and 20 EMA)
Risk/Reward
R:R Ratio: ~2.0 to 2.5 depending on entry and target
Position Sizing Tip: Risk only 1–2% of capital per trade due to volatility and token unlock risk
Entering above $178 with targets at $189 and $200 offers a clean breakout trade. Protect against downside with a stop below $168.
