The previous SKHYNIX strategy setup played out as expected, and we’ve already secured a solid gain. The main event is now here: $SOL ’s chart structure is flashing bullish signals. The 15-minute ADX has climbed above 43, with buyers driving the short-term momentum. The 1-hour RSI is also in strong territory, while the price consolidates in a tight range near the highs. This pattern often signals accumulation, not a loss of momentum. The daily chart is still below its moving averages, so I’m not chasing the price—I’ll wait for a pullback to the range and confirmation of support before considering an entry.
If support below gives way, the bullish thesis is invalidated. Taking profits in stages on the way up is the more prudent approach. Is this a trap or an opportunity? Watch whether volume confirms the move. Let me ask you this: if the structure hasn’t broken down, why rush to turn bearish?
🟢 Trade direction: Long
📍 Entry range: 105.7770 – 105.9420
🛑 Stop loss: 103.8546
🎯 Take profit 1: 107.3632
🎯 Take profit 2: 108.3657
🎯 Take profit 3: 109.8695
Take in the vastness of mountains and seas; observe the market’s subtle moves.
Trade alongside Uncle Xiong and witness the market’s gains and losses.
#SOL
Click below to trade 👇
If support below gives way, the bullish thesis is invalidated. Taking profits in stages on the way up is the more prudent approach. Is this a trap or an opportunity? Watch whether volume confirms the move. Let me ask you this: if the structure hasn’t broken down, why rush to turn bearish?
🟢 Trade direction: Long
📍 Entry range: 105.7770 – 105.9420
🛑 Stop loss: 103.8546
🎯 Take profit 1: 107.3632
🎯 Take profit 2: 108.3657
🎯 Take profit 3: 109.8695
Take in the vastness of mountains and seas; observe the market’s subtle moves.
Trade alongside Uncle Xiong and witness the market’s gains and losses.
#SOL
Click below to trade 👇