đŻ SOL/USDT Trade Setup: Coiling at Support After Institutional Volume Surge đ
Solana ($SOL) is compressing into a tight bullish wedge on the 4-hour chart while spot volumes exceed $2.4B. On-chain funding rates have neutralized, reducing immediate liquidation risks and building momentum for the next expansion.
Trade Execution Plan:
âą Entry Zone: $182.00 - $185.00 (Limit orders placed near trendline support)
âą Target 1 (TP1): $198.50 (Short-term liquidity pool)
âą Target 2 (TP2): $212.00 (Major swing high expansion)
âą Stop Loss (SL): $174.00 (Strict 4H candle close exit)
Technical Indicators:
âą Declining open interest on pullbacks confirms healthy spot accumulation over leverage
âą Dynamic support holding along the 20 EMA on 4H chart
âą RSI holding near 54 with plenty of upside room before reaching overbought territory
â ïž Risk Notice:
Limit your total account exposure to 1-2% risk per position. Capital preservation always comes first!
đ Are you bullish or bearish on $SOL this week? Drop your charts in the comments below!
#Solana #SOL #CryptoAnalysis #TradingSignals #Binance
Solana ($SOL) is compressing into a tight bullish wedge on the 4-hour chart while spot volumes exceed $2.4B. On-chain funding rates have neutralized, reducing immediate liquidation risks and building momentum for the next expansion.
Trade Execution Plan:
âą Entry Zone: $182.00 - $185.00 (Limit orders placed near trendline support)
âą Target 1 (TP1): $198.50 (Short-term liquidity pool)
âą Target 2 (TP2): $212.00 (Major swing high expansion)
âą Stop Loss (SL): $174.00 (Strict 4H candle close exit)
Technical Indicators:
âą Declining open interest on pullbacks confirms healthy spot accumulation over leverage
âą Dynamic support holding along the 20 EMA on 4H chart
âą RSI holding near 54 with plenty of upside room before reaching overbought territory
â ïž Risk Notice:
Limit your total account exposure to 1-2% risk per position. Capital preservation always comes first!
đ Are you bullish or bearish on $SOL this week? Drop your charts in the comments below!
#Solana #SOL #CryptoAnalysis #TradingSignals #Binance