SOL Power Play! πŸ’ͺ My Scalp Long Idea for a Breakout! πŸš€

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! πŸ”₯ 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! 😴 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! πŸ“ˆ 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! πŸ’°βœ¨

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