$SOL Solana (SOL) Trade Signal Setup (Example)
š¹ Entry
Long Entry: ~$104 (current price zone)
Only enter if confirmed by your own chart/strategy (volume increase, trend confirmation, etc.)
š StopāLoss (Risk Protection)
StopāLoss: $95
A belowāsupport stop to limit loss if price breaks lower.
š TakeāProfit Targets
Targets at key resistance levels:
TP1: $125 ā first resistance & shortāterm profit zone.
TP2: $140 ā next resistance level (psychological).
TP3: $160ā$170 ā extended target if bullish momentum returns. ļæ½
CoinMarketCap
š RiskāReward Example
If entering at ~$104:
Risk per trade ~ $9 (104 ā 95)
Reward targets:
TP1: +$21 (RR ā 2.3)
TP2: +$36 (RR ā 4)
TP3: +$56ā66 (RR ā 6ā7)
ā ļø Alternative Scenarios
ā If price breaks below $100, watch for deeper support near $90ā$85 (bearish continuation).
ā If SOL breaks above $125 decisively, momentum may push toward $140ā$160 zones.
ā A break above $170 could lead to stronger bullish action (higher targets).