New Crypto Trade Alert 📈🚀️️
Token: $SOL
SIGNAL: SPOT
Holding period: 1- 2MONTHS
Research: Solana (SOL) is forming a bullish symmetrical triangle on the daily chart, indicating a potential breakout. The RSI shows room for upward movement, while the MACD displays bullish divergence, supporting a rally. A breakout above resistance could lead to significant gains, but confirmation through volume is crucial to avoid fakeouts.
Entry Range: 209$ - 211$
Target 1: 228.72$
Target 2: 247.25$
Mid Term
Target 3: 260$
Stop Loss : 184$
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.