SOL Power Play! πͺ My Scalp Long Idea for a Breakout! π
SOL/USDLongScalp4h ago1 views
Trade Setup
Entry Price
82.9600
Stop Loss
80.9600
Take Profit
87.9600
Risk : Reward
1 : 2.50
RiskReward
Sideways No More? My Bullish SOL Setup!
Alright KoraFX fam, Jiho here with a hot take on SOL/USD! π₯ We've been cruising sideways lately, bouncing between the 81.69 support and the 85.02 resistance in its day range. Current price is sitting at 83.36, showing a tiny 0.228% gain in 24h, which tells me the bulls are trying to wake up! π΄ I'm feeling super optimistic about Solana's ecosystem growth and broader market sentiment, which gives us a nice fundamental tailwind for a push.
Targeting the Upside - Technical Breakdown
Even though SOL is currently in a sideways trend, I see a juicy scalp opportunity forming. My technical analysis, looking at recent price action around the 83 and 82.5 support levels, suggests we're building a base for a pop. I'm looking to go long SOL/USD with an entry around 82.96. If we can hold above 84 and then clear the 84.5 resistance, the path to my target looks clear! π Bears are gonna get rekt if we send it past 85.02!
My trade setup is:
- Entry: 82.96
- Stop Loss: 80.96 (gotta respect that 81.69 support!)
- Take Profit: 87.96
This is an aggressive scalp, so always manage your risk, folks! Let's see if Solana can rally and hit that profit target. This is the way! π°β¨
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