Trade Setup: $SOL at Psychological Crossroads
SOL is retesting the critical 100 USD mark after sliding -3.1% over 24h and -9.4% this week. Volume printed 153M USD today.
Key Levels:
- Range Support: 100.00 – 100.40 USD (daily low bounce)
- Immediate Overhead: 104.80 / 107.50 USD (aligned with 4H EMAs)
Execution Plan (Bounce Play):
- Entry: 100.50 – 101.20 USD
- Invalidation: 98.80 USD (tight stop below round number)
- Target 1: 104.50 USD
- Target 2: 107.20 USD
- R:R Ratio: ~2.4:1
A decisive 4H close below 100 USD invalidates the setup and opens downside toward 96 USD.
Are you buying the 100 USD support or waiting for a breakdown?
#Solana #CryptoTrading #TradeSetup
SOL is retesting the critical 100 USD mark after sliding -3.1% over 24h and -9.4% this week. Volume printed 153M USD today.
Key Levels:
- Range Support: 100.00 – 100.40 USD (daily low bounce)
- Immediate Overhead: 104.80 / 107.50 USD (aligned with 4H EMAs)
Execution Plan (Bounce Play):
- Entry: 100.50 – 101.20 USD
- Invalidation: 98.80 USD (tight stop below round number)
- Target 1: 104.50 USD
- Target 2: 107.20 USD
- R:R Ratio: ~2.4:1
A decisive 4H close below 100 USD invalidates the setup and opens downside toward 96 USD.
Are you buying the 100 USD support or waiting for a breakdown?
#Solana #CryptoTrading #TradeSetup