🚀 SOL Long Trade Setup – Eyeing the Next Big Move!
Current Price: $203.20
Recent Momentum: +4.22%
Trade Type: Long (Spot with Leverage)
Leverage: 8x
Position Size: $16,000 USDT
Take Profit (TP) Levels:
TP1: $210 → ~3.4% potential ROI
TP2: $220 → ~8.4% potential ROI
TP3: $240 → ~18.2% potential ROI
Estimated Dollar Profits:
TP1: $544
TP2: $1,344
TP3: $2,912
Key Support & Resistance:
Support: $200 (psychological & recent low), $195 (strong demand zone)
Resistance: $210 (short-term resistance), $220 (next breakout level), $240 (major swing high)
Trade Details & Rationale:
SOL has shown bullish momentum, breaking above the $200 psychological barrier with volume confirming the uptrend.
TP1 is realistic for a quick scalp, TP2 is for swing traders aiming for medium-term gains, and TP3 is an aggressive target if momentum continues.
Support zones provide good risk management points for stop-loss placement.
