$SOL
SOLUSDT
Perp
121.95
-2.34%
/USDT LONG TRADE SETUP
$SOL is trading at 120.79, currently finding support after testing a 24h low of 120.51. While the short-term 15m trend is bearish below the MA(7) of 121.43, the price is approaching a major psychological support zone near 120.00. A bounce from this level, confirmed by higher lows on the short timeframe, would signal that buyers are stepping in to defend the recent lows.
Target Points
TP1: 124.00 (Near the MA(99) resistance)
TP2: 128.50 (Recent resistance and pivot point)
TP3: 133.00 (Key higher timeframe resistance level)
Stop Loss
Set stop loss below 118.00 to limit downside risk if the current support fails to hold.
Buy and Trade here on $SOL