$SOL / USDT LONG SETUP PARABOLIC BREAKOUT TO $130 LOADING
$SOL (#Solana ) has shown an unstoppable vertical recovery from the lower levels around the $66โ$76 zone. Price is currently trading around $118.70+ and is right at the doorstep of the major psychological $120 breakout level!
With $2.33B+ in 24H USDT volume, buyers are clearly in control. The next parabolic leg toward $130 could be loading! ๐ฃ๐ฅ
๐ข Trade Setup: SOL LONG
๐ Entry Zone: 117.50 โ 118.80
๐ฏ Targets:
โข TP 1: 122.00
โข TP 2: 125.00
โข TP 3 : 130.00 ๐
๐ Stop Loss: 112.00
๐ Technical & Fundamental Drivers:
Multi-EMA Bullish Shift: Price is holding well above the 4H EMA 20 ($115.30), EMA 50 ($110.48), and EMA 200 ($101.14).
Volume & Momentum: $2.33B+ 24H volume and RSI above 70 are showing strong momentum and trend continuation.
Fundamental Tailwinds: Strong ETF inflows and network speed upgrades could support a further move toward the $130โ$150 zone.
๐ก Risk Management:
Once TP1 $122 hits, move the Stop Loss to Entry and protect the position.
Letโs see if $SOL can break $120 and make its next move toward $130
$SOL (#Solana ) has shown an unstoppable vertical recovery from the lower levels around the $66โ$76 zone. Price is currently trading around $118.70+ and is right at the doorstep of the major psychological $120 breakout level!
With $2.33B+ in 24H USDT volume, buyers are clearly in control. The next parabolic leg toward $130 could be loading! ๐ฃ๐ฅ
๐ข Trade Setup: SOL LONG
๐ Entry Zone: 117.50 โ 118.80
๐ฏ Targets:
โข TP 1: 122.00
โข TP 2: 125.00
โข TP 3 : 130.00 ๐
๐ Stop Loss: 112.00
๐ Technical & Fundamental Drivers:
Multi-EMA Bullish Shift: Price is holding well above the 4H EMA 20 ($115.30), EMA 50 ($110.48), and EMA 200 ($101.14).
Volume & Momentum: $2.33B+ 24H volume and RSI above 70 are showing strong momentum and trend continuation.
Fundamental Tailwinds: Strong ETF inflows and network speed upgrades could support a further move toward the $130โ$150 zone.
๐ก Risk Management:
Once TP1 $122 hits, move the Stop Loss to Entry and protect the position.
Letโs see if $SOL can break $120 and make its next move toward $130
