๐ Bullish Setup: $SOL / USDT
Bias: STRONG LONG (6/12 indicators aligned, only 1 against).
๐ What does the chart tell us?
Trend alignment: Price above the EMA50 and EMA200 on timeframes of 1D, 4H and 1H.
Move strength: ADX at 34.9 with clear dominance from buyers (DI+ 23.0 vs DI- 17.5 on 15m).
Tailwind from BTC: Overall uptrend with high correlation (0.67).
Momentum: RSI on 1H at 73.6 (solid bullish strength).
โ ๏ธ Attention: Price is somewhat overextended (+3.7 ATR above the EMA50 on 1H), so a healthy pullback is likely.
๐ Key Plan Levels:
Entry: 118.5056 โ 118.8344
Stop Loss (SL): 115.3970
Targets (TP): TP1: 121.1248 | TP2: 122.7613 | TP3: 125.2161
๐ก Thesis:
Weโre looking for buys in the $118.50 โ $118.83 range to take profits progressively at the first two targets, letting the position run toward $125.21. If it breaks the floor at $115.39, the structure is invalidated and the SL liquidates the position.
$NVDAB $AAPLB
#solana
Do you think we hit TP1 ($121.1248) first or the Stop Loss? ๐
Bias: STRONG LONG (6/12 indicators aligned, only 1 against).
๐ What does the chart tell us?
Trend alignment: Price above the EMA50 and EMA200 on timeframes of 1D, 4H and 1H.
Move strength: ADX at 34.9 with clear dominance from buyers (DI+ 23.0 vs DI- 17.5 on 15m).
Tailwind from BTC: Overall uptrend with high correlation (0.67).
Momentum: RSI on 1H at 73.6 (solid bullish strength).
โ ๏ธ Attention: Price is somewhat overextended (+3.7 ATR above the EMA50 on 1H), so a healthy pullback is likely.
๐ Key Plan Levels:
Entry: 118.5056 โ 118.8344
Stop Loss (SL): 115.3970
Targets (TP): TP1: 121.1248 | TP2: 122.7613 | TP3: 125.2161
๐ก Thesis:
Weโre looking for buys in the $118.50 โ $118.83 range to take profits progressively at the first two targets, letting the position run toward $125.21. If it breaks the floor at $115.39, the structure is invalidated and the SL liquidates the position.
$NVDAB $AAPLB
#solana
Do you think we hit TP1 ($121.1248) first or the Stop Loss? ๐