**๐ Trade Idea: SOL/USDT โ Bullish Continuation Setup!**
**๐ Current Price:** **194.23 USDT** (+1.30%)
**๐ Key Levels:**
- **Support:** 177.61 (recent swing low)
- **Resistance:** 196.11 (immediate), 206.30 (next target)
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### **๐ Trade Setup**
**๐ฏ Entry Zone:** **194.00 - 196.00** (on confirmation)
**โ Stop-Loss:** **175.00** (below support)
**โ Take-Profit Targets:**
- **1:2 R:R โ 232.69**
- **1:3 R:R โ 251.92**
**๐ Risk Management:** Only risk **1-2%** of capital per trade.
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### **๐ Chart Logic**
โ **Bullish Indicators:**
- Price above **MA5 (183.02)**
- **MACD bullish** (MACD: +4.206, DIFF > DEA)
- Higher low forming after pullback
โ ๏ธ **Watch Out For:**
- Low volume on breakout attempts
- Rejection at **196.11** resistance
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### **๐ก Probability & Confidence**
- **60-70% upside potential** if resistance breaks
- **30-40% downside risk** if support fails
---
### **๐ Final Thoughts**
SOL looks primed for a move toward **206.30+** if bulls hold **194.00**. Watch for a strong close above **196.11** to confirm momentum!
**๐ Whatโs your take? Bullish or cautious? Drop your thoughts below!**
#Solana #SOLUSDT #Crypto #Trading #BinanceSquare
