⚡️ SIGNAL: $SOL is compressing into a triangle! Preparing a breakout 🚀
Solana blockchain confidently holds the lead by trading volume and user activity among all Layer-1 networks.
On the 4-hour chart, $SOL has formed a clear rising triangle directly under a key resistance level. Local lows are continuously getting higher, indicating strong accumulation by whales ahead of a powerful upward impulse.
📊 Trading setup (Long):
• Direction: BUY (Long)
• Entry zone: $148.50 – $151.00 (current price or on a local retest of support)
• Targets (Take-Profit):
• 🎯 TP1: $155.00 (nearest liquidity)
• 🎯 TP2: $161.00 (main horizontal resistance)
• 🎯 TP3: $168.00 (medium-term target for exiting the channel)
• Stop-loss: $143.80 (4H candle close below the trend line)
⚠️ Follow risk management: I recommend leverage of up to 5x–10x and risk no more than 1–2% of your account.
👇 Click on the widget $SOL below to instantly open the futures chart on Binance and place the trade!
What price are you expecting from Solana this week? Share in the comments! 👇
Not financial advice. Always do your own research before trading.
Solana blockchain confidently holds the lead by trading volume and user activity among all Layer-1 networks.
On the 4-hour chart, $SOL has formed a clear rising triangle directly under a key resistance level. Local lows are continuously getting higher, indicating strong accumulation by whales ahead of a powerful upward impulse.
📊 Trading setup (Long):
• Direction: BUY (Long)
• Entry zone: $148.50 – $151.00 (current price or on a local retest of support)
• Targets (Take-Profit):
• 🎯 TP1: $155.00 (nearest liquidity)
• 🎯 TP2: $161.00 (main horizontal resistance)
• 🎯 TP3: $168.00 (medium-term target for exiting the channel)
• Stop-loss: $143.80 (4H candle close below the trend line)
⚠️ Follow risk management: I recommend leverage of up to 5x–10x and risk no more than 1–2% of your account.
👇 Click on the widget $SOL below to instantly open the futures chart on Binance and place the trade!
What price are you expecting from Solana this week? Share in the comments! 👇
Not financial advice. Always do your own research before trading.