showing strong upside momentum with a clean breakout above key resistance!
Current Structure:
- 4H breakout clearing the 118.50 USDT supply zone, tagging 122.33 USDT high
- EMA9 crossing bullish above EMA21 on 1H timeframe
- Heavy volume: 1.05M SOL volume on the breakout 4H candle
Trade Setup:
- Entry: 119.50 - 120.50 USDT (retest zone)
- Target 1: 125.00 USDT
- Target 2: 130.00 USDT
- Invalidation / SL: 116.80 USDT
- Risk/Reward: ~2.8:1
Are you longing the retest or expecting a fakeout?
#Solana #CryptoTrading #TechnicalAnalysis
Current Structure:
- 4H breakout clearing the 118.50 USDT supply zone, tagging 122.33 USDT high
- EMA9 crossing bullish above EMA21 on 1H timeframe
- Heavy volume: 1.05M SOL volume on the breakout 4H candle
Trade Setup:
- Entry: 119.50 - 120.50 USDT (retest zone)
- Target 1: 125.00 USDT
- Target 2: 130.00 USDT
- Invalidation / SL: 116.80 USDT
- Risk/Reward: ~2.8:1
Are you longing the retest or expecting a fakeout?
#Solana #CryptoTrading #TechnicalAnalysis
