📢 $SOL / $USDT | 🟢 LONG | ⭐ 70.5%
🎯 Target: $90.2715. Does it achieve it?
🎯 Trading levels:
🟢 Entry: $88.17
🛑 Stop Loss: $86.9091
🏁 TP1: $90.2715
🏁 TP2: $90.6918
🏁 TP3: $91.5324
📈 Analysis:
The asset $SOL shows a strong multi-timeframe bullish alignment, supported by an ADX of 55.86 (an indicator that measures trend strength, sitting at high-power levels). The market structure on 1h confirms double and triple bottom patterns above the VAH (value area high in the volume profile), while the RSI at 69.58 indicates continuous buying momentum despite the recent bearish crossover in the MACD (an indicator that measures price momentum).
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1h
📐 Technical Confidence: 4/5
The bullish thesis is invalidated if price breaks through the stop loss, losing immediate support at 86.16. We will monitor volume, which remains 1.20x above its average, to confirm the definitive breakout of the current resistance.
Do you think the current volume is enough to sustain this push above 90.00?
💡 This analysis is educational and not financial advice. Do your own research and decide calmly.
#crypto #SOL #trading #Futures #Bullish
🎯 Target: $90.2715. Does it achieve it?
🎯 Trading levels:
🟢 Entry: $88.17
🛑 Stop Loss: $86.9091
🏁 TP1: $90.2715
🏁 TP2: $90.6918
🏁 TP3: $91.5324
📈 Analysis:
The asset $SOL shows a strong multi-timeframe bullish alignment, supported by an ADX of 55.86 (an indicator that measures trend strength, sitting at high-power levels). The market structure on 1h confirms double and triple bottom patterns above the VAH (value area high in the volume profile), while the RSI at 69.58 indicates continuous buying momentum despite the recent bearish crossover in the MACD (an indicator that measures price momentum).
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1h
📐 Technical Confidence: 4/5
The bullish thesis is invalidated if price breaks through the stop loss, losing immediate support at 86.16. We will monitor volume, which remains 1.20x above its average, to confirm the definitive breakout of the current resistance.
Do you think the current volume is enough to sustain this push above 90.00?
💡 This analysis is educational and not financial advice. Do your own research and decide calmly.
#crypto #SOL #trading #Futures #Bullish
