🚀 Trade Plan: $SOL /USDC
Entry Zone: $86.50 – $87.00. (Waiting for a clear candle close above the MA(7) confirms the bullish momentum).
Stop Loss: $81.50. (Setting this just below the MA(25) support ensures you exit if the trend breaks down and turns bearish).
Take Profit 1 (TP1): $90.00. (A psychological round number and an area where short-term traders often take profit).
Take Profit 2 (TP2): $94.00. (This aligns with the MA(99), which will act as significant resistance).
Take Profit 3 (TP3): $97.50. (Targeting the recent local high observed on the chart).
💡 Technical Logic
The price is currently hovering at 86.05, right beneath the MA(7) at 86.27. This indicates that the immediate trend is indecisive. However, the price is holding well above the MA(25) at 83.58, which acts as our primary dynamic support level. The long-term resistance is clearly defined by the MA(99) at 94.34.
The strategy here is to trade the "breakout." We want to enter when the buying pressure successfully pushes the price past the immediate resistance of the MA(7) and targets the higher liquidity levels near the MA(99).
