🚨 $SOL : NOT A BUY YET—HERE’S THE FUTURE SPOT-LONG PLAN
SOL/USDT is around $89.48, down about 6.41%, after breaking below the recent low near $92 and losing the late-August breakout area around $93.5.
This is a market-wide risk-off move, not just a SOL-specific problem. Until SOL proves the breakdown failed, I’m staying flat.
📍 Key levels
Broken support / first resistance: $92–$93.5
Next resistance: $95.5–$96, then $98–$100
Weak support area: $84–$86
Major support: $76–$80
✅ Future long setup #1: Reclaim
Wait for a daily close above $92–$93.5, then a retest that holds.
Entry: on the successful retest
Stop: below the retest low / reclaimed zone
TP1: $97.8–$100
Extended TP: $103–$104
Invalidation: daily close back below the reclaimed zone
⚠️ Future long setup #2: Flush-and-reclaim
If SOL dips into $84–$88 and then closes back above $90, a bounce toward $92–$95.7 becomes possible.
This is counter-trend, so size smaller.
Do not buy simply because price is near support.
❌ Why I’m not buying at $89.48
From this price, a $92 target gives only about 0.68R with a $85.80 stop. That fails a 1.5R minimum, and the stop is not based on strong chart structure.
SOL has better liquidity and a clearer structure than the smaller altcoins I’ve reviewed, so it stays on my watchlist—but patience comes first.
Would you wait for the $92–$93.5 reclaim, or watch for a deeper flush toward $84–$88?
Levels are approximate and based on a daily closing-price chart. This is not financial advice; manage risk and verify live price action before trading.
#Solana #sol #SpotTrading #TradingSetup
SOL/USDT is around $89.48, down about 6.41%, after breaking below the recent low near $92 and losing the late-August breakout area around $93.5.
This is a market-wide risk-off move, not just a SOL-specific problem. Until SOL proves the breakdown failed, I’m staying flat.
📍 Key levels
Broken support / first resistance: $92–$93.5
Next resistance: $95.5–$96, then $98–$100
Weak support area: $84–$86
Major support: $76–$80
✅ Future long setup #1: Reclaim
Wait for a daily close above $92–$93.5, then a retest that holds.
Entry: on the successful retest
Stop: below the retest low / reclaimed zone
TP1: $97.8–$100
Extended TP: $103–$104
Invalidation: daily close back below the reclaimed zone
⚠️ Future long setup #2: Flush-and-reclaim
If SOL dips into $84–$88 and then closes back above $90, a bounce toward $92–$95.7 becomes possible.
This is counter-trend, so size smaller.
Do not buy simply because price is near support.
❌ Why I’m not buying at $89.48
From this price, a $92 target gives only about 0.68R with a $85.80 stop. That fails a 1.5R minimum, and the stop is not based on strong chart structure.
SOL has better liquidity and a clearer structure than the smaller altcoins I’ve reviewed, so it stays on my watchlist—but patience comes first.
Would you wait for the $92–$93.5 reclaim, or watch for a deeper flush toward $84–$88?
Levels are approximate and based on a daily closing-price chart. This is not financial advice; manage risk and verify live price action before trading.
#Solana #sol #SpotTrading #TradingSetup
