$SOL is gaining serious momentum—but the 24h high is the ultimate test. Don't chase, play the retest.
$SOL / USDT – LONG 📈
📍 Entry: $75.60 – $76.10 (Retest of MA7 dynamic support) OR $76.90 (Breakout of 24h High)
🛑 SL:$74.40 (Firmly below MA25 support)
🎯 TP1: $77.60
🎯 TP2: $78.80
🎯 TP3: $80.00 (if volume sustains)
Why This Setup?
✅ MA Fan Alignment: MA(7) at 75.61 has crossed far above MA(25) at 74.47 and MA(99) at 73.83. Price is fully bullish on the 15m, trading well above these moving averages.
✅ Resistance & Support: Immediate Resistance is the 24h High of 76.82, which we tapped and pulled back from. Support lies at 75.61 (MA7) and stronger support at 74.47 (MA25).
✅ Volume Note: The breakout from 74 to 76 was fueled by solid buying (Volume peak ~1.7M SOL). However, current Volume (827K) is slightly below the MA5 average (882K)—meaning a breakout above 76.82 must be accompanied by a massive volume spike to avoid a fakeout.
Debate
Is the sharp move to 76.82 the early signal for a larger reversal toward $80+?
Or is this a bearish grab of liquidity that will violently wick back down to retest the MA99 at 73.83?
Watch the next 15m close. If we hold above $76, bulls are in full control.
Click Trade here 👇
#HadiaBTC #cryptotrading #TechnicalAnalysis #BinanceSquare
$SOL / USDT – LONG 📈
📍 Entry: $75.60 – $76.10 (Retest of MA7 dynamic support) OR $76.90 (Breakout of 24h High)
🛑 SL:$74.40 (Firmly below MA25 support)
🎯 TP1: $77.60
🎯 TP2: $78.80
🎯 TP3: $80.00 (if volume sustains)
Why This Setup?
✅ MA Fan Alignment: MA(7) at 75.61 has crossed far above MA(25) at 74.47 and MA(99) at 73.83. Price is fully bullish on the 15m, trading well above these moving averages.
✅ Resistance & Support: Immediate Resistance is the 24h High of 76.82, which we tapped and pulled back from. Support lies at 75.61 (MA7) and stronger support at 74.47 (MA25).
✅ Volume Note: The breakout from 74 to 76 was fueled by solid buying (Volume peak ~1.7M SOL). However, current Volume (827K) is slightly below the MA5 average (882K)—meaning a breakout above 76.82 must be accompanied by a massive volume spike to avoid a fakeout.
Debate
Is the sharp move to 76.82 the early signal for a larger reversal toward $80+?
Or is this a bearish grab of liquidity that will violently wick back down to retest the MA99 at 73.83?
Watch the next 15m close. If we hold above $76, bulls are in full control.
Click Trade here 👇
#HadiaBTC #cryptotrading #TechnicalAnalysis #BinanceSquare