The market is reacting with strong volatility after the latest macroeconomic update, and trading volumes in derivatives have surged. While BNB is testing a key resistance in the middle area of the channel, Solana ($SOL) shows clear absorption of sell pressure at daily support with bullish divergence in the 4-hour RSI.
My approach and decision-making process (Trade Insight)
I entered a Long position in $SOL at $134.50 with a tight Stop Loss at $131.20 and a target at $142.00.
Why make the decision now? It’s not about guessing the bottom, but about confirming the structure:
Liquidity absorption: After the sweep of previous lows, the buy volume entered strongly in the 15m and 1h timeframe, leaving clear rejection wicks.
Order book structure: A defensive accumulation is observed at $133.00, which undermines the strength of sell pressure in the short term.
Risk management: I’m looking for a Risk/Reward ratio of 1:2.5. If the price loses $131.20, I’m out without hesitation because the bullish thesis is invalidated.
📊 Details of the Shared Trade
🔀 Pair: SOL/USDT
📈 Direction: Long (Leverage 5x - Isolated)
📥 Entry Price: $134.50
🎯 Take Profit: $142.00
🛑 Stop Loss: $131.20
