🎯 Key Entry Zones sol
Dip Entry Near Support – $140–$144
This zone aligns with the 50 EMA (or 3‑day MA) and multi-touch support.
A bounce here with a bullish candlestick pattern (e.g. hammer or engulfing candle) signals a low-risk entry.
Breakout Entry Above Resistance – $154–$155
A clean 4H or daily close above $155 with solid volume suggests a breakout.
Enter on the retest of this level (now acting as support) to ride upward momentum toward $165–$175.
Momentum Entry on Pullback – $148–$150
After a short-term challenge of $155, a pullback into $148–$150 with consolidation (small-range candles, lower wicks) can present a quick scalping or swing opportunity.
🧩 Trade Setup
Stop Loss:
For dip entry: just below the recent swing low (e.g. if entry at $142, SL ~ $139).
For breakout entry: slight break under $155 (e.g. $153).
Take Profit Targets:
Conservative: $155 if entering near $140.
Mid‑term: $165–$175 after breakout.
Adjust based on risk-reward ratio (~1:2 or 1:3).
📈 Confirmation Triggers
Volume Confirmation:
Entry on bounce should be accompanied by rising volume.
Breakout entry must show volume at or above the recent average to avoid a fakeout.
Momentum Indicators:
RSI above 55–60 and MACD histogram turning green support a bullish move.
For swing trades, monitor follow-through daily to hold up to $165–$175 zones.
For scalps, follow the 5–15 minute charts and focus on quick 1–2% gains.
✅ Sample Scenarios
Dip Entry: Buy $142 → SL $139 → TP $155 (Risk/reward ~1:4)
Breakout Entry: Buy $156 (on retest) → SL $154 → TP $170
Momentum Pullback: Buy $149 mid-session → SL $147 → TP $155