$SOL — BREAKOUT SETUP
SOL has broken above the $102.70 resistance and pushed toward $109 with strong momentum.
ENTRY: $105–106.5
TP1: $110
TP2: $114
TP3: $118
SL: $102.5
R:R: ~1:2.5
The move is strong, but chasing after the expansion isn't the objective. We're looking for a controlled retest of the breakout zone.
If buyers defend the zone and the 1H structure remains intact, continuation toward the higher targets becomes attractive.
A sustained break below $102.5 invalidates the setup.
THE PLAN: Wait for the retest and confirmation. If it comes, we execute. If SOL runs without us, we don't chase.
$SOL
#Solana #Trading #Crypto #TechnicalAnalysis
SOL has broken above the $102.70 resistance and pushed toward $109 with strong momentum.
ENTRY: $105–106.5
TP1: $110
TP2: $114
TP3: $118
SL: $102.5
R:R: ~1:2.5
The move is strong, but chasing after the expansion isn't the objective. We're looking for a controlled retest of the breakout zone.
If buyers defend the zone and the 1H structure remains intact, continuation toward the higher targets becomes attractive.
A sustained break below $102.5 invalidates the setup.
THE PLAN: Wait for the retest and confirmation. If it comes, we execute. If SOL runs without us, we don't chase.
$SOL
#Solana #Trading #Crypto #TechnicalAnalysis
