$SOL /USDT BULLISH BREAKOUT:
very interesting trade set up🚨💯
Key Levels:
Current Price: $194.37
Resistance Levels: $194.52, $199.55
Support Levels: $193.29, $191.39
Trade Setup:
Long Entry: $194.37
Take Profit (TP): $199.55
Stop Loss (SL): $191.39
Risk Management:
Risk/Reward Ratio: 1:2
Position Size: Adjust to risk no more than 2% of your trading capital.
Summary:
We are looking to enter a long position on $SOL/USDT due to a bullish breakout above the $194.37 level. The price has shown strong upward momentum, and breaking the resistance at $194.52 could lead to a move towards the next target at $199.55. The stop loss is set below the recent support at $191.39 to manage risk effectively. This trade setup offers a favorable risk/reward ratio, making it an attractive opportunity for traders. 📈💸
Happy trading and may the market be in your favor! 📈