$SOL
SETUP 1: BUY / LONG SCALP REBOUND (Main Setup)
This setup is most consistent with the data.
- Entry: $93.70 - $94.40 (4H & 1H Lower Band area - the current price is at a discount)
- Confirmation: 1H close above $94.50 + 4H MACD remains green
- Stop Loss: $92.00 (below the $92.25 Low, Risk ∼2.5%)
- Take Profit 1: $95.24 (4H Middle Band)
- Take Profit 2: $96.73 (4H Upper Band)
- Take Profit 3: $101.54 (1H Middle Band - swing target)
- R:R: 1 : 1.8 to 1 : 3
SETUP 2: SELL / SHORT (Only If Support Breaks)
Don't short at RSI 18; that's dangerous.
- Short Trigger: ONLY if the 4H closes below $92.25 with high volume.
- If $92.25 breaks, downside target: $90 - $88
- Stop Loss: $93.80
- Note: If it's still above $92.25, don't force a short. It's safer to wait for a long rebound.
BEGINNER SPOT STRATEGY:
This is the area spot traders wait for.
- Don't go all-in; start scaling in: 30% at $94 now, another 30% if it drops to $92.50, and the rest if there's confirmation of a rise to $95.24
- Invalidation: If SOL closes below $92.00 on the 4H, hold off on scaling in.
Are you on team Buy the rebound at $94 or wait for a break below $92? DYOR
#SOL #Solana #Futures
SETUP 1: BUY / LONG SCALP REBOUND (Main Setup)
This setup is most consistent with the data.
- Entry: $93.70 - $94.40 (4H & 1H Lower Band area - the current price is at a discount)
- Confirmation: 1H close above $94.50 + 4H MACD remains green
- Stop Loss: $92.00 (below the $92.25 Low, Risk ∼2.5%)
- Take Profit 1: $95.24 (4H Middle Band)
- Take Profit 2: $96.73 (4H Upper Band)
- Take Profit 3: $101.54 (1H Middle Band - swing target)
- R:R: 1 : 1.8 to 1 : 3
SETUP 2: SELL / SHORT (Only If Support Breaks)
Don't short at RSI 18; that's dangerous.
- Short Trigger: ONLY if the 4H closes below $92.25 with high volume.
- If $92.25 breaks, downside target: $90 - $88
- Stop Loss: $93.80
- Note: If it's still above $92.25, don't force a short. It's safer to wait for a long rebound.
BEGINNER SPOT STRATEGY:
This is the area spot traders wait for.
- Don't go all-in; start scaling in: 30% at $94 now, another 30% if it drops to $92.50, and the rest if there's confirmation of a rise to $95.24
- Invalidation: If SOL closes below $92.00 on the 4H, hold off on scaling in.
Are you on team Buy the rebound at $94 or wait for a break below $92? DYOR
#SOL #Solana #Futures
