๐จ $SOL is at a critical moment! Will the next breakout happen?
Solana is currently trading near 106$ after a strong surge, but the price has reached an important resistance area between $106โ$108.
๐ Iโm watching this exact zone:
๐ข Breakout scenario:
If SOL closes on the 4H timeframe above 108$ with strong Volume:
๐ Entry: $108โ$109
๐ SL: $104.5
๐ฏ TP1: $113
๐ฏ TP2: $118
๐ฏ TP3: $125
๐ฅ A breakout of 108$ and holding above it will be a stronger signal for the continuation of the uptrend.
๐ต Correction scenario:
If the breakout fails and the price returns to the 102โ104$ zone, then a clear bounce appears:
๐ Potential entry: $103
๐ SL: $99.8
๐ฏ TP1: $107
๐ฏ TP2: $112
๐ฏ TP3: $118
๐ด When do I invalidate the scenario?
If thereโs a clear close below $100, Iโll stay away from buy trades and wait for a re-evaluation of the move.
๐ Summary:
I donโt chase $SOL at resistance.
Above 108$ + Volume = Iโm watching the breakout ๐
102โ104$ + bounce = Iโm watching for a buy opportunity ๐ต
Below 100$ = be cautious โ ๏ธ
The market offers no guarantees; the plan depends on price confirmation and risk management.
๐ What do you expect?
A breakout of 108$ ๐ or a correction to 103$ ๐ต?
#SOL #Solana #SOLUSDT #Binance #Crypto_Jobs๐ฏ $ #Trading #ุชุญููู
Solana is currently trading near 106$ after a strong surge, but the price has reached an important resistance area between $106โ$108.
๐ Iโm watching this exact zone:
๐ข Breakout scenario:
If SOL closes on the 4H timeframe above 108$ with strong Volume:
๐ Entry: $108โ$109
๐ SL: $104.5
๐ฏ TP1: $113
๐ฏ TP2: $118
๐ฏ TP3: $125
๐ฅ A breakout of 108$ and holding above it will be a stronger signal for the continuation of the uptrend.
๐ต Correction scenario:
If the breakout fails and the price returns to the 102โ104$ zone, then a clear bounce appears:
๐ Potential entry: $103
๐ SL: $99.8
๐ฏ TP1: $107
๐ฏ TP2: $112
๐ฏ TP3: $118
๐ด When do I invalidate the scenario?
If thereโs a clear close below $100, Iโll stay away from buy trades and wait for a re-evaluation of the move.
๐ Summary:
I donโt chase $SOL at resistance.
Above 108$ + Volume = Iโm watching the breakout ๐
102โ104$ + bounce = Iโm watching for a buy opportunity ๐ต
Below 100$ = be cautious โ ๏ธ
The market offers no guarantees; the plan depends on price confirmation and risk management.
๐ What do you expect?
A breakout of 108$ ๐ or a correction to 103$ ๐ต?
#SOL #Solana #SOLUSDT #Binance #Crypto_Jobs๐ฏ $ #Trading #ุชุญููู