Yesterday I spotted a consolidation range on $SOL between $23.80 and $24.20.
After 3 failed attempts, price broke above $24.20 with strong volume โ a clean breakout signal ๐
โ Entry: $24.25
๐ฏ Target: $25.50 (previous resistance zone)
โ Stop loss: $23.70 (below support)
๐น Risk: $0.55
๐น Reward: $1.25
๐ฅ Risk/Reward Ratio: 2.27 โ always aim for R > 2
๐ Result: Take profit hit in 6 hours.
๐ Lesson: Only trade breakouts confirmed by volume, not fake moves.
Want me to share more trades like this? Comment below ๐