$SOL
$SOL breaks above the 110,60 level on the daily chart (bullish BOS) and is close to 118.
Scenario: it's not interesting to chase this stretched candle; for those who are not long, I’m waiting for the retest of the 110,60 to 112 zone—where the previous top turns into support.
Entry: 110,60 to 112 with confirmation on the 15m/1h
Stop: below 109,50
Targets: 118,50 / 125 / 140
If it doesn’t come back, wait for a 4h close above 120 and then retest.
Scenario study, not a recommendation. Manage your risk.
#SOL #Solana #Trading
$SOL breaks above the 110,60 level on the daily chart (bullish BOS) and is close to 118.
Scenario: it's not interesting to chase this stretched candle; for those who are not long, I’m waiting for the retest of the 110,60 to 112 zone—where the previous top turns into support.
Entry: 110,60 to 112 with confirmation on the 15m/1h
Stop: below 109,50
Targets: 118,50 / 125 / 140
If it doesn’t come back, wait for a 4h close above 120 and then retest.
Scenario study, not a recommendation. Manage your risk.
#SOL #Solana #Trading