New Crypto Trade Alert ๐๐๏ธ๏ธ
Token: $SOL
Direction: LONG
Leverage: 3-5x
Research: SOL is currently holding at a trendline support, indicating potential resilience in the ongoing market structure. On the 4-hour timeframe, the MACD suggests bullish momentum, in 4hour and 1 day rsi in oversold conditions signaling a possible upward move.
Entry Range: 188$ - 192.82$
Target 1: 195$
Target 2: 197.50$
Mid Term
Target 3: 204$
Target 4: 212$
Stop Loss : 173.83$
Enter partially and average out your buy price as long as it remains within the entry range.
The market is going to be highly volatile in the coming few days. Remember to book some profits at each target price (TP) and move your stop-loss (SL) to breakeven. Keep in mind current market conditions and risk management. Always do your own research.