📊 $SOL /USDT Trading Setup (Short-Term)
The chart shows SOL hovering around $84.90. It has recently faced resistance at the $85.59 mark and found support near $84.00.
Position Type Entry Price Range Take Profit (TP) Stop Loss (SL)
Aggressive Long $84.50 - $84.90 $86.50 $83.40
Conservative Long $84.00 (Pullback) $85.50.
🔍 Analysis Breakdown
Entry Strategy: The current price is sitting right in the middle of a range. A safer entry would be waiting for a slight dip toward the $84.00 support level or a confirmed breakout above $85.60.
Take Profit (TP): The first target is the recent high of $85.59. If momentum continues, the next psychological level is $86.50.
Stop Loss (SL): Placed at $83.40, which is just below the recent swing low shown on your chart ($83.52). If it drops below this, the bullish structure is broken.
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