🚨 Solana is Poised for a Breakout! 🚀
Entry Zone: 123.50 – 125.00
Take Profit 1: 128.50
Take Profit 2: 145.00
Stop Loss: 119.80
$SOL is hitting a key decision zone, and the technicals are screaming potential upside. Forget the hype – this is about solid structure, support holding, and momentum building. On the 4H chart, price is confidently above the 50 EMA, a bullish sign showing buyers are in control.
The recent bounce from the 122-123 support zone was clean, with strong rejection of lower prices. Following that, a period of consolidation – a classic setup before a big move. This isn’t a chase; it’s a continuation play. 📈
Target 1 at 128.50 offers a near-term resistance and a chance to take partial profits. A break above this level? Shift your stop to break-even and let it run! Target 2 at 145.00 is realistic if bullish momentum continues, but requires sustained market confidence and no major $BTC dips.
Remember: Stop Loss at 119.80 is crucial. Manage your position size and avoid over-leverage. Discipline and patience are key. Strong traders react to the market, they don’t predict it. Protect your capital and let the structure guide your moves. 🧠
#sol #solana #cryptotrading #tradesetup 😎
