SOL is battling a fresh swing low near 22.40, eyeing the broken bullish swing high at 24.10. Momentum is gathering as the market tests that resistance.
๐ข $SOL LONG ๐
Entry $118.1917-$118.4283 | SL $114.7607 (-3.0%) | TP1 $120.0846 (+1.5%) | TP2 $124.2255 (+5.0%) | R/R 1:1.7 | Conf 64%
The CHoCH on the 4โhour chart aligned with a confirming CVD spike, while a clear FVG sits right below the current price, giving a clean entry zone. An OB from the prior uptrend overlaps the FVG, creating a POI confluence that solidifies the long bias. With a 64% confidence and a 1:1.7 R/R, the structure looks primed for a push toward the next swing high.
A 3.0% stop is relatively tight for a volatile crypto, so keep leverage at or below 3x.
Take partial profit around the first target near 24.60 to lock in early gains.
Not financial advice โ always manage your own risk ๐
$SOL #SOLUSDT #Ethereum #TradingSignals #Write2Earn
๐ข $SOL LONG ๐
Entry $118.1917-$118.4283 | SL $114.7607 (-3.0%) | TP1 $120.0846 (+1.5%) | TP2 $124.2255 (+5.0%) | R/R 1:1.7 | Conf 64%
The CHoCH on the 4โhour chart aligned with a confirming CVD spike, while a clear FVG sits right below the current price, giving a clean entry zone. An OB from the prior uptrend overlaps the FVG, creating a POI confluence that solidifies the long bias. With a 64% confidence and a 1:1.7 R/R, the structure looks primed for a push toward the next swing high.
A 3.0% stop is relatively tight for a volatile crypto, so keep leverage at or below 3x.
Take partial profit around the first target near 24.60 to lock in early gains.
Not financial advice โ always manage your own risk ๐
$SOL #SOLUSDT #Ethereum #TradingSignals #Write2Earn