SOL is extended above its 1h average

🟢 LONG $SOL /USDT: expecting price to go UP
Bias: LONG · Leaning

Entry: 106.5341 – 106.7059
TP1: 108.1311 (+1.4%)
TP2: 109.1385 (+2.4%)
TP3: 110.6496 (+3.8%)
SL: 104.6052 (-1.9%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.

Why LONG? 4/12 signals agree, 0 against.
• Buyers are driving the move (15m ADX 24.0)
• BTC is rising, this coin follows (corr 0.85)
• Buyers have the momentum (4h RSI 57.6)

Quick SOL read:
1/3 The daily trend is range, but the 1h price is above its average.
2/3 The 1h RSI is 59, meaning buyers still have momentum.
3/3 A close below the entry invalidates the idea and signals a reversal.

Where would you place your invalidation level?

Levels mapped on the chart below.

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⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.