๐ข $SOL /USDT โ LONG SETUP ๐
$SOL is holding above the EMA50 and EMA200 on the daily, 4h, and 1h charts, keeping the overall structure bullish. The only concern is weaker relative strength versus BTC.
๐ Entry: $121.3128 โ $121.5072
๐ SL: $119.1873
๐ฏ TP1: $123.0770
๐ฏ TP2: $124.1883
๐ฏ TP3: $125.8553
๐ Setup check:
โข Daily โ bullish EMA stack
โข 4h โ bullish EMA stack
โข 1h โ bullish EMA stack
โข 4h RSI โ 59.5, buyers still have momentum
โข 5/12 signals aligned
โข 1 against, 6 undecided
โข SOL is โ1.28% weaker than BTC over the last day
The trend favors the long side, but SOL needs to show stronger relative performance to make the setup more convincing.
Iโd keep **$119.1873** as the hard invalidation rather than moving the stop closer just to reduce the apparent risk.
Would you enter at $121.31โ$121.51, or wait for SOL to reclaim stronger relative strength first? ๐
$SOL ๐
$SOL is holding above the EMA50 and EMA200 on the daily, 4h, and 1h charts, keeping the overall structure bullish. The only concern is weaker relative strength versus BTC.
๐ Entry: $121.3128 โ $121.5072
๐ SL: $119.1873
๐ฏ TP1: $123.0770
๐ฏ TP2: $124.1883
๐ฏ TP3: $125.8553
๐ Setup check:
โข Daily โ bullish EMA stack
โข 4h โ bullish EMA stack
โข 1h โ bullish EMA stack
โข 4h RSI โ 59.5, buyers still have momentum
โข 5/12 signals aligned
โข 1 against, 6 undecided
โข SOL is โ1.28% weaker than BTC over the last day
The trend favors the long side, but SOL needs to show stronger relative performance to make the setup more convincing.
Iโd keep **$119.1873** as the hard invalidation rather than moving the stop closer just to reduce the apparent risk.
Would you enter at $121.31โ$121.51, or wait for SOL to reclaim stronger relative strength first? ๐
$SOL ๐
