$SOL/USDT LONG TRADE SETUP
$SOL is currently trading around 138.46, showing a strong rebound and bullish pressure on the short (15m) timeframe after testing the 136.50 area. The 24h Low of 130.02 suggests a significant recovery, and the coin is attempting to re-test the daily high of 140.09. A successful breakout above this immediate resistance could confirm the uptrend continuation.
Technical Snapshot:
Last Price: 138.46
24h High: 140.09
24h Low: 130.02
Short-Term Momentum: Bullish, with signs of consolidation below the 24h high.
Target Points
The following are potential resistance levels and take-profit targets for this long setup:
TP1: 139.50 (Immediate swing high area)
TP2: 140.15 (Slightly above 24h High for a breakout play)
TP3: 141.50 (Next psychological and resistance level)
Stop Loss
Set the stop loss below the recent strong support area to limit downside risk:
Stop Loss (SL): 136.40
📈 Buy and Trade $SOL
/USDT Perpetual 📈