Here’s a detailed breakdown of the $SOL | Long Setup post:
Price Action & Volatility:
$SOL traded between 122.58 and 126.52 in the last 24 hours, showing moderate volatility and upward momentum, with the current price near 124.51.
Trade Setup Explanation:
The post suggests a long position at market price, with take profit targets at 125.20, 125.70, and 126.50, and a stop loss at 122.80. This aligns with the recent price range and targets resistance levels observed in the market.$SOL
SOL
125.92
+1.64%
Market Structure & Momentum:
The bullish structure on the 15-minute chart and accelerating momentum indicate potential for further upward movement, aiming for key resistance clusters as highlighted in the setup.