🚀 SOL/USDT Futures Setup – Bullish Reversal Play in Motion! ⚡

Chart: 1H | Exchange: Binance | Pair: SOL/USDT

Current Price: $209.35 (+1.33%)

After a brief dip into the $202–$204 demand zone, Solana is now rebounding with a strong bullish engulfing candle, signaling a potential short-term trend reversal. Buyers are stepping in with momentum!$SOL

$SOL

🔍 Trade Idea: Long Position Setup

📌 Entry Zone:

✅ Confirmed breakout above $210

(You can also consider an early entry near $208 with tight SL for aggressive trades)

⛔ Stop-Loss:

🔻 Below the recent low – $203.80

🎯 Targets:

TP1: $213 – Previous hourly high

TP2: $218 – Short-term resistance

TP3: $225 – Swing target if momentum continues

🧮 Risk-Reward Ratio: Around 1:2.5 to 1:3

🧠 Why This Setup Works:

✅ Rejection from strong support near $203

✅ Bullish engulfing candle off the base (volume-backed)

✅ Higher low forming → Possible trend reversal

✅ Favorable RR setup with clear invalidation zone

✅ Strong buyer presence at key demand zone

⚠️ Risk Management Tips:

Only enter on breakout or candle close above $210

Use position sizing based on leverage and SL distance

Monitor BTC/ETH for correlation and overall market sentiment

📊 Visual Breakdown:

📍 Support Held: $202–$204

📈 Momentum Shift: Bullish engulfing + Higher lows

📊 Breakout Watch: $210 confirmation for trend continuation

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