Day 2 := Analysis on SOL on 1 hr Tf
Sl hit exit the trade
Here’s what this chart is showing:
1️⃣ Breakout Attempt Near Resistance
Price was stuck under a descending trendline (yellow) and multiple moving averages.
Now it has pushed up and is trying to break out of that zone.
2️⃣ Entry Zone (Highlighted Box)
The green area shows the long entry zone where buyers are stepping in.
Price has come back into this zone and bounced → bullish sign.
3️⃣ Target Levels on #sol
🎯 TP1: ~144.70 USDT
🎯 TP2: ~150.55 USDT
Sl hit so i have exit the trade
The full move targets +10.15% upside.
4️⃣ Stop Loss (Risk Management)
The red zone marks the SL area around 136.34–134.42 USDT,
which is a clean invalidation if price drops below support.
5️⃣ Why Bullish?
Price reclaiming support
Attempt to break descending trendline
EMAs trying to curl up
Good risk-to-reward setup: Reward (10%) > Risk (3.3%)
🔥 Overall View
This looks like a breakout + retest setup
with a big upside potential if price stays above support.$SOL $LINK

