๐$SOL USDT LONG โ The Breakout Setup Nobody Wants to Chase
Everyone is watching Bitcoin, but $SOL is quietly showing strength. SOL is currently trading around the $87 area, with momentum picking up sharply today. ๏ฟฝ
Coinbase +1
๐ข $SOL/USDT LONG
Trade Plan:
๐ฏ Entry: 86.7454 โ 87.0146
๐ Stop Loss: 84.7088
TP1: 88.5084
TP2: 89.5940
TP3: 91.2224
๐ฅ Why This Setup?
The 4H trend remains bullish, with an 87% confidence score in the provided setup. The market structure favors trend continuation rather than random chop.
๐ Entry zone: 86.75โ87.01 keeps the entry tight around the key reference area.
RSI around 54.6 suggests momentum still has room before becoming overheated.
๐ The daily chart remains range-bound, but the 4H structure is attempting to break higher inside that range.
๐ฏ TP1 at 88.51 is the first reaction zone, while 89.59 becomes the key level to watch for continuation.
๐ If momentum survives TP2, 91.22 becomes the next upside objective.
๐ก๏ธ 84.71 is the invalidation levelโif price loses it, the bullish thesis needs to be reconsidered.
SOL has recently pushed strongly higher, with current market data showing price around the $87 area and increased trading activity. ๏ฟฝ
Coinbase +1
โ ๏ธ The Real Question
Does SOL break through $88.50 and continue toward $89.59, or does $88.50 become the fakeout zone?
Don't chase the candle. Let price confirm the level first.
Trade smart. Protect your capital. DYOR.
๐ Trade $SOL on Binance: Binance SOL marketโ ๏ฟฝ#GrayscaleFilesToListZcashTrustOnNYSEArca #KOSPICloses5.9%HigherOnChipmakerBuybacks #CFTCSeeksInputOnComputeDerivatives
Everyone is watching Bitcoin, but $SOL is quietly showing strength. SOL is currently trading around the $87 area, with momentum picking up sharply today. ๏ฟฝ
Coinbase +1
๐ข $SOL/USDT LONG
Trade Plan:
๐ฏ Entry: 86.7454 โ 87.0146
๐ Stop Loss: 84.7088
TP1: 88.5084
TP2: 89.5940
TP3: 91.2224
๐ฅ Why This Setup?
The 4H trend remains bullish, with an 87% confidence score in the provided setup. The market structure favors trend continuation rather than random chop.
๐ Entry zone: 86.75โ87.01 keeps the entry tight around the key reference area.
RSI around 54.6 suggests momentum still has room before becoming overheated.
๐ The daily chart remains range-bound, but the 4H structure is attempting to break higher inside that range.
๐ฏ TP1 at 88.51 is the first reaction zone, while 89.59 becomes the key level to watch for continuation.
๐ If momentum survives TP2, 91.22 becomes the next upside objective.
๐ก๏ธ 84.71 is the invalidation levelโif price loses it, the bullish thesis needs to be reconsidered.
SOL has recently pushed strongly higher, with current market data showing price around the $87 area and increased trading activity. ๏ฟฝ
Coinbase +1
โ ๏ธ The Real Question
Does SOL break through $88.50 and continue toward $89.59, or does $88.50 become the fakeout zone?
Don't chase the candle. Let price confirm the level first.
Trade smart. Protect your capital. DYOR.
๐ Trade $SOL on Binance: Binance SOL marketโ ๏ฟฝ#GrayscaleFilesToListZcashTrustOnNYSEArca #KOSPICloses5.9%HigherOnChipmakerBuybacks #CFTCSeeksInputOnComputeDerivatives