$SOL
SOL 1H Entry Plan (Intraday / Short-Term)
1️⃣ Key Zones
Immediate Support (Buy Zone): $116 – $118
Immediate Resistance (Sell / Caution Zone): $122 – $124
Stop-Loss: Below $115 (protects against strong downside)
Take-Profit Targets (TP):
TP1: $122 (near short-term resistance)
TP2: $125 (next level if momentum picks up)
2️⃣ Entry Strategies
A. Bounce from Support (Long / Buy Setup)
Entry: $116 – $118
Confirmation: Wait for a bullish candle (like hammer or engulfing) on 1H
Stop Loss: Below $115
Targets: TP1 $122, TP2 $125
B. Breakout from Resistance (Aggressive Long)
Entry: $124 – $125 (on strong breakout with volume)
Stop Loss: $121–$122 (just below breakout zone)
Target: TP2 $130+ (if momentum continues)
C. Short / Sell Setup (if support breaks)
Entry: Below $115
Stop Loss: Above $118
Targets: $112, $110 (next support levels)
3️⃣ Technical Notes
RSI: Currently near oversold; suggests bounce is likely, but don’t chase aggressively.
EMA 20/50 (1H): Price below EMA → favors cautious longs or shorts on breakout.
Volume: Key confirmation — strong buying volume needed to trigger bounce, otherwise support may fail.
✅ Summary:
Buy near $116–$118 if price shows bullish reversal candles.
Aggressive breakout longs above $124 with volume.
Short below $115 with stop above $118 if support fails.
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