Traders looking to capitalize on the bullish momentum of $SOL should consider entering #longpositions above the resistance level of $185.10. The recommended approach is as follows:
🔘 Entry Point: Above $185.10
🎯 Target Prices:
First Target: $185.46 Second Target: $190.00 Third Target: $195.00
Stop Loss: $178.75, $175.39
☢️ This strategy leverages the upward trend and aims to maximize #gains while minimizing risks by setting a stop loss below the support level.
🔴 Short Trade Strategy
For those anticipating a downward correction or bearish trend, the following #ShortTrade strategy is advised:
🔘 Entry Point: Below $178.75
🎯 Target Prices:
First Target: $175.39 Second Target: Around $170
#stoploss : $185.10
☢️ By entering below the support level and targeting incremental price drops, traders can effectively manage their risk with a stop loss above the #ResistanceLevel