🚨 SOL/USDT: The Level I’m Watching Before Taking a Trade
SOL is trading around $103.9, holding above its 7-day MA (~$102.7) after a strong move from the $70 area.
But I’m not chasing the current price.
The key levels for me are:
🟢 Bullish setup:
A strong breakout and daily close above $106–107, preferably with increasing volume, could open the way toward the previous high at $110.60.
If $110.60 breaks with confirmation, the next area I’d watch is $115–118.
🔴 Bearish setup:
If SOL loses the $99.7–100 support zone and confirms below it, the recent bullish structure starts weakening.
Downside levels: $95 → $92
⚠️ Between $100 and $106, I’m staying patient.
My approach here is simple:
No breakout = no chase.
Breakout + volume + confirmation = setup.
The market doesn’t need to be predicted.
It needs to be managed.
SOL is on my watchlist. Are you watching the breakout or the breakdown?
$SOL #SOL #Solana #Crypto #BinanceSquare
Not financial advice. Always manage your risk and do your own research.
SOL is trading around $103.9, holding above its 7-day MA (~$102.7) after a strong move from the $70 area.
But I’m not chasing the current price.
The key levels for me are:
🟢 Bullish setup:
A strong breakout and daily close above $106–107, preferably with increasing volume, could open the way toward the previous high at $110.60.
If $110.60 breaks with confirmation, the next area I’d watch is $115–118.
🔴 Bearish setup:
If SOL loses the $99.7–100 support zone and confirms below it, the recent bullish structure starts weakening.
Downside levels: $95 → $92
⚠️ Between $100 and $106, I’m staying patient.
My approach here is simple:
No breakout = no chase.
Breakout + volume + confirmation = setup.
The market doesn’t need to be predicted.
It needs to be managed.
SOL is on my watchlist. Are you watching the breakout or the breakdown?
$SOL #SOL #Solana #Crypto #BinanceSquare
Not financial advice. Always manage your risk and do your own research.