SOL/USDT Possible Rebound from Support Zone
1. Entry Zone:
$190 – $193 (current consolidation above MA25 and near recent support).
2. Stop Loss:
$185 (below recent 24h low to protect from further downside).
3. Target:
Short-term: $198
Extended target: $202 if momentum continues.
4. Why this trade is promising:
Price retraced from $209 high and is stabilizing near MA25.
RSI at 40 suggests nearing oversold territory on 4H.
Potential for bounce if $190 support holds.
5. Risk Management Tip:
Risk max 1–2% of your capital.
Reduce position if price fails to hold above $190 on next candle close.
⚠️ Disclaimer:
This is not financial advice. Crypto trading involves high risk, and you can lose your capital. Always do your own research and trade based on your personal risk tolerance.
