Expert Trade Analysis: SOL Long with a Reversal + Breakout Setup
Sharing a great trading setup for $SOL based on expert analysis.
Trade Details:
Position: Long 6x
Valid until: 9 Sep '25
Expected Profit: +23%
Entry Range: 203.5 - 204.7
Stop Loss: 196.8
Take Profit: 212.5
Analysis Highlights:
Reversal + Breakout setup: The chart indicates a strong potential for an upward movement.
Strong momentum in $BTC: Bitcoin's positive momentum is a key factor supporting this trade idea.
Pro-Tip: Remember to use a trailing stop loss to entry once we get a 2-3% move in our direction to protect your profits.
Disclaimer: This is for informational purposes only and is not financial advice. Always do your own research (DYOR) before trading.
What are your thoughts on this trade? Let me know in the comments! 👇
#SOL #SOLUSDT #TradingSignal #CryptoTrading #BinanceSquare $SOL