Coin Name : #solana
Position: LONG๐
I can see on this chart SOLANA chart on a 4-hour timeframe shows a falling wedge pattern ๐, which is typically a bullish reversal signal ๐. The price has been moving downward within the wedge and is now approaching a strong support zone ๐ฉ, indicating a potential breakout. This setup suggests a buying opportunity if confirmation occurs, as the breakout could lead to a strong uptrend ๐. However, patience is key, and traders should watch for a clean breakout before entering. If the wedge holds, a bounce from support could signal the start of a rally. This is my personal prediction ๐ฎ, and as you know, the crypto market is highly volatile ๐๐. If youโre considering taking this trade, make sure to do your own research๐ before making any decisions. Always trade wisely and responsibly! โกโ
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๐ข Conclusion:
If SOL breaks out of the wedge, we could see a strong uptrend toward higher targets ๐. Watch for confirmation and trade wisely! โก๐
๐ฅENTRY PRICE: $215 or Support Zone
๐ฏTargets:
๐ฅ1st TP $232
๐ฅ2nd TP $255
๐ฅ3rd TP $280
๐ Special Note:
๐ฅSpot Call๐ฅ
โ ๏ธ Use only 1% of your portfolio ๐ผ to manage risks effectively. Avoid high leverage ๐ซ and proceed cautiously to mitigate potential losses ๐. Always prioritize risk management and use the DCA method โ
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