SOLANA REVERSAL ALERT! 🚨 I'm seeing a beautiful bounce play setting up!

SOL/USDLongIntraday2d ago4 views

Trade Setup

Entry Price

81.6200

Stop Loss

79.6500

Take Profit

86.5400

Risk : Reward

1 : 2.50

RiskReward

Why I'm Eyeing a SOL Long!


Alright KoraFX fam, even though SOL/USD has been trending a bit bearish and is down -1.177% over the last 24h, currently sitting at 82.01, I'm feeling super bullish for an intraday bounce! 🎉 We've seen it test critical support zones today, dipping as low as 80.3698. But guess what? It's showing strength around the 81.5 and 81 levels. This is a classic setup where bears try to push, but demand steps in. Plus, the Solana ecosystem is always cooking something up, giving us underlying strength!

The Trade Setup: Bears Getting Rekt!


My setup for an intraday long is looking spicy! I'm targeting an entry at 81.62. This puts us nicely above that key 81.5 support level. We've got resistance at 82.5 and 83 to clear, but if we break through, our Take Profit at 86.54 looks very achievable! My Stop Loss is set aggressively at 79.65. With my aggressive risk tolerance, I think this could be a fantastic play to catch a quick swing up. Let's send it! 🚀 This is the way.

Comments

Loading comments...