$SOL
๐ฅ $SOL/USDT โ Channel Support Bounce ๐ข
๐ฐ Price: $176.97
๐ Timeframe: 1H
๐ Setup: Rejection from lower channel boundary (parallel trend support)
๐ Signal Type: Long on structure continuation
โ
Long Entry Plan:
๐ Entry Zone: $175.5 โ $177.0
๐ Confirmation: 1H candle hold above $176
๐ฏ Targets:
๐ฏ TP1: $180.5
๐ฏ TP2: $185.0
๐ฏ TP3: $190.0 (channel top)
๐ก๏ธ Stop-Loss:
๐ Below $172.5 (loss of channel support)
โ๏ธ Risk:Reward Estimate:
๐ฏ Entry: $176.5 โ TP2: $185.0 โ R:R โ 2.5:1
โก Summary:
SOL has respected its rising parallel channel and is bouncing from the lower trendline again. Volume is picking up, and structure favors a move toward the mid or upper range. ๐