$SOL is sitting at an interesting level right now.
I am not chasing the move. I am watching $118–$120.
SOL has been defending the $112–$114 zone, while $119–$120 has repeatedly acted as resistance. A clean 4H breakout and successful retest above $120 would be the confirmation I want before considering a long.
My levels:
Entry: $118–$120 after confirmation/retest
TP1: $123
TP2: $127
TP3: $132
Invalidation: 4H close below $112
If $120 rejects again, I would rather wait than force a trade.
For me, the setup is simple: breakout + retest = opportunity. Rejection = patience.
Trade your own plan and manage your risk.
I am not chasing the move. I am watching $118–$120.
SOL has been defending the $112–$114 zone, while $119–$120 has repeatedly acted as resistance. A clean 4H breakout and successful retest above $120 would be the confirmation I want before considering a long.
My levels:
Entry: $118–$120 after confirmation/retest
TP1: $123
TP2: $127
TP3: $132
Invalidation: 4H close below $112
If $120 rejects again, I would rather wait than force a trade.
For me, the setup is simple: breakout + retest = opportunity. Rejection = patience.
Trade your own plan and manage your risk.