$SOL #BinanceSquare
Proposed entry areas
Choose one based on market movement:
Entry after breaking support (relatively safe)
Entry: 134$
Entry should only be after closing a 1h or 4h candle below 135$.
Entry from resistance (higher profit – higher risk)
Entry: 148$
Enter when the price touches the area and rejects it with a reversal candle.
Stop-Loss
Very essential in short trades:
With entry plan A: Stop-Loss = 142$
With entry plan B: Stop-Loss = 155$
Never exceed the Stop-Loss, as Solana moves strongly.
Take-Profit targets
For entry A (from breaking 134$)
TP1: 125$
TP2: 118$
TP3: 109$ (strong extension, lower probability but profitable)
For entry B (from bounce 148$)
TP1: 138$
TP2: 125$
5) Capital management
Important rule:
Do not risk more than 2–3% of your capital in the trade.