Opportunities and traps often appear together. This time, I’d rather trust the signals from the chart structure. $SOL has pulled back to a previous high-volume trading zone, and trading volume has contracted, suggesting there isn’t much appetite for selling. Instead, it’s leaving room for those with patience. Looking at the chart, support below hasn’t been decisively breached, and buyers stepped in fairly decisively during the rebound.
As long as this range holds, a move up to test the previous high is likely. Of course, if support is decisively broken, accept it and don’t fight the market.
🟢 Trade direction: Long
📍 Entry range: 110.03 – 107.03
🛑 Stop loss: 106.03
🎯 Take profit 1: 112.03
🎯 Take profit 2: 115.03
Still waters run deep, holding wisdom for the long journey; through the market’s ups and downs, stay calm and composed.
Join Sister Fei and navigate the surging tides of wealth.
#SOL
Click below to trade 👇
As long as this range holds, a move up to test the previous high is likely. Of course, if support is decisively broken, accept it and don’t fight the market.
🟢 Trade direction: Long
📍 Entry range: 110.03 – 107.03
🛑 Stop loss: 106.03
🎯 Take profit 1: 112.03
🎯 Take profit 2: 115.03
Still waters run deep, holding wisdom for the long journey; through the market’s ups and downs, stay calm and composed.
Join Sister Fei and navigate the surging tides of wealth.
#SOL
Click below to trade 👇