Hi to all followers, I hope you are all in good health.
Trading Idea: SOL
Currently, SOL is trading around $165 on both the 8-hour and 4-hour time frames, showing a pattern of higher highs (HH) and higher lows (HL), indicating a positive move. The uptrend observed on these time frames suggests potential for further price increases.
Trade Setup:
Entry Point: $162.60 or $165
Stop Loss: $156
Take Profit Levels:
- TP1: $186.60
- TP2: $191.80
- TP3: $198.70
- TP4: $210
This setup reflects a bullish outlook, aiming to capitalize on the upward momentum of SOL. Happy trading!