$SOL USDT BULLISH BREAKOUT SETUP — LONG ENTRY AFTER CONSOLIDATION ABOVE MA ZONE
Solana has shown strong bullish momentum, reclaiming key moving averages and printing a clean breakout above short-term resistance. The recent consolidation above the MA(7) and MA(25) zone suggests accumulation, while the price rejection near MA(99) indicates a potential retest before continuation.
The upward arrow drawn on the chart aligns with a classic bullish flag breakout, supported by rising volume and higher lows. With the 24h high at 205.52 and volume surging across both SOL and USDT, bulls appear to be in control.
ENTRY: Long above 202.50 after confirmation candle
TP1: 207.00 — retest of recent high
TP2: 212.50 — breakout extension
TP3: 219.00 — psychological resistance and fib extension
SL: 198.80 — below consolidation range and MA cluster
Risk Management: Use 2% max capital per trade. Adjust position size based on SL distance. Avoid chasing entries—wait for breakout confirmation and volume spike.
#BreakoutStrategy #MovingAverages #VolumeAnalysis #BullishSetup #CryptoTrading