$SOL is close enough to a potential support area that the risk/reward looks more attractive on the long side than chasing a short here.
📉 LONG SETUP
Entry: $75.50–$76.50
Stop Loss: $73.80
TP1: $78.50
TP2: $81.00
TP3: $84.00
Risk: Keep it controlled; ideally 1–2% of capital.
🔺 Why LONG?
The idea is to buy near support rather than sell after a decline. At $76, SOL has room to bounce toward the $78.50–$81 area before facing stronger resistance.
The key thing I’d watch is $75. If #sol holds that zone and starts printing higher lows on the lower timeframes, the long setup becomes much cleaner.
🔺Invalidation: If #solana decisively loses $73.80, I would cancel the long idea. A sustained move below that level could open the door toward the low-$70s.
I’d personally wait for a small bullish confirmation rather than entering purely because SOL is at $76.04.
click here to trade 👆🏻
📉 LONG SETUP
Entry: $75.50–$76.50
Stop Loss: $73.80
TP1: $78.50
TP2: $81.00
TP3: $84.00
Risk: Keep it controlled; ideally 1–2% of capital.
🔺 Why LONG?
The idea is to buy near support rather than sell after a decline. At $76, SOL has room to bounce toward the $78.50–$81 area before facing stronger resistance.
The key thing I’d watch is $75. If #sol holds that zone and starts printing higher lows on the lower timeframes, the long setup becomes much cleaner.
🔺Invalidation: If #solana decisively loses $73.80, I would cancel the long idea. A sustained move below that level could open the door toward the low-$70s.
I’d personally wait for a small bullish confirmation rather than entering purely because SOL is at $76.04.
click here to trade 👆🏻