Everyone is staring at BTC while SOL just printed a 4h setup most will ignore.
$SOL /USDT - 🟢 LONG · Conf 76%
Trade Plan:
Entry: 105.8202 – 106.0998
SL: 102.4510
TP1: 108.5918
TP2: 110.3463
TP3: 112.9780
Why this setup?
- The 4h chart is flashing LONG with 76% confidence, but the 1D is still ranging, so this is a scalp within a box, not a breakout.
- RSI on the 15m is at 33, meaning the dip is getting cold; the entry zone around 105.96 is where buyers have stepped in before.
- Why now? We are sitting right at the lower edge of the range with a tight stop at 102.45. The risk-to-reward to TP1 (108.59) is nearly 1:2, and TP2 (110.34) stretches it further.
- This is a trend-following long against the intraday momentum, but since the daily is range-bound, do not marry the position. If 102.45 breaks, the invalidation is clear at 94.47.
Debate:
Is SOL about to fake out the bulls again, or is this the final shakeout before a run to 110?
Click here to Trade 👇️
$SOL /USDT - 🟢 LONG · Conf 76%
Trade Plan:
Entry: 105.8202 – 106.0998
SL: 102.4510
TP1: 108.5918
TP2: 110.3463
TP3: 112.9780
Why this setup?
- The 4h chart is flashing LONG with 76% confidence, but the 1D is still ranging, so this is a scalp within a box, not a breakout.
- RSI on the 15m is at 33, meaning the dip is getting cold; the entry zone around 105.96 is where buyers have stepped in before.
- Why now? We are sitting right at the lower edge of the range with a tight stop at 102.45. The risk-to-reward to TP1 (108.59) is nearly 1:2, and TP2 (110.34) stretches it further.
- This is a trend-following long against the intraday momentum, but since the daily is range-bound, do not marry the position. If 102.45 breaks, the invalidation is clear at 94.47.
Debate:
Is SOL about to fake out the bulls again, or is this the final shakeout before a run to 110?
Click here to Trade 👇️
