I’m watching $SOL after the long-awaited wedge breakout. The breakout took time, but buyers have finally pushed price through the structure. Now I’m focused on whether the breakout can hold and turn into sustained momentum.
Trade Plan — LONG
Entry Zone: Breakout retest / $178–$182
TP1: $188
TP2: $195
TP3: $205
Stop Loss: $171
Why this setup works:
The wedge breakout can signal a shift from consolidation to expansion. I’m looking for a successful retest of the breakout area before adding exposure. If $SOL holds the zone and buyers remain active, continuation toward the targets becomes more likely.
If price loses $171, the breakout setup is invalid and I’d step aside.
Risk first, position size accordingly.
$SOL
#BIP110SoftForkAttemptBegins #SouthKoreaProposesLooseningCryptoShareholderRules #SenateReadiesSeptemberCLARITYActVote #BTCPayServerExploitDrainsLightningNodes #BIP110ForkSignalingExpectedThisWeekend
Trade Plan — LONG
Entry Zone: Breakout retest / $178–$182
TP1: $188
TP2: $195
TP3: $205
Stop Loss: $171
Why this setup works:
The wedge breakout can signal a shift from consolidation to expansion. I’m looking for a successful retest of the breakout area before adding exposure. If $SOL holds the zone and buyers remain active, continuation toward the targets becomes more likely.
If price loses $171, the breakout setup is invalid and I’d step aside.
Risk first, position size accordingly.
$SOL
#BIP110SoftForkAttemptBegins #SouthKoreaProposesLooseningCryptoShareholderRules #SenateReadiesSeptemberCLARITYActVote #BTCPayServerExploitDrainsLightningNodes #BIP110ForkSignalingExpectedThisWeekend