Technical Analysis $SOL : Trend Confirmation and Projection to $120 📈
After observing a solid market structure and constant buying pressure in the $85 zone, I decided to open a Long position. The current volume supports the bullish continuation, although I do not rule out a technical pullback towards the support levels at $80 to capture institutional liquidity.
My strategy is designed to mitigate volatility: Entry: $85-85.5 Risk Management: Isolated Margin with conservative leverage (x5).
Stop Loss: Located below critical support to protect capital. Target (TP): $120 (Based on Fibonacci projections and historical resistances). Trading is a game of chess, not of chance. Operating with discipline from Medellín. What do you think of the $85 zone as a short-term floor?
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