๐ Simple Day Trading Strategy for SOL (July 2025 Edition)
Target Profit: 2%โ5% per trade
Timeframe: 5-minute or 15-minute chart
Tools Needed: Binance, TradingView, and discipline ๐
๐ 1. Entry Criteria (Buy Signal)
โ Use EMA Crossover:
Add 9 EMA (fast) and 21 EMA (slow)
Buy when 9 EMA crosses above 21 EMA on 15-min chart
Confirm with:
โ RSI between 50-65 (not overbought)
โ Volume spike >20% above average
โ Price bouncing off local support (use pivot points or trendlines)
๐ฅ 2. Entry Confirmation (Extra Boost)
โกCheck Binanceโs real-time order book:
If Buy Orders > Sell Orders by 15-20%, go in with size
Use Binance Heatmap to spot whale walls
๐ 3. Stop-Loss Setup
Set Stop-Loss at 1.5%โ2% below your entry
Or place it just below the last swing low
๐ฏ 4. Exit Strategy (Target Sell)
Sell in partials (e.g., 50% at 3%, 50% at 5%)
Or exit fully if RSI crosses 70 (overbought)
Use Trailing Stop-Loss if price is strongly trending
๐ Bonus Tip โ Best Trading Hours:
Trade during high volume windows:
๐ธ 2 PM to 6 PM IST (when EU/US overlap starts)
๐ธ 9 AM โ 11 AM IST (Asia opening pump or dump)
๐ Example (as of today):
SOL is currently showing an uptrend with strong support at $148
Look for entries around pullbacks to $150โ$152 if 9EMA/21EMA aligns
RSI near 55 = Go time!
๐ Quick Checklist Before Entering a Trade:
โ 9EMA > 21EMA
โ RSI 50โ65
โ Volume Spike
โ Price near support
โ Buy Order Dominance on Binance
๐ Risk Management (Most Important)
Never risk more than 2% of your capital per trade
Stick to 1โ2 trades/day max to avoid overtrading
Keep a trading journal to track performance weekly