I'm sharing two trades and my analysis on #SOLA ๐Ÿ“ˆ ๐Ÿ“Œ LONG (Buy) Entry Recommendation on SOL

๐Ÿ”น Suggested Entry Level:

๐Ÿ‘‰ Enter around ~124โ€“128 USD

This is a strong technical support zone where the price previously rebounded and showed strong buying interest at these levels.

KuCoin

๐Ÿ”น First Take Profit Target:

๐ŸŸข ~140โ€“145 USD

A key resistance level above the current price, potentially a good point to exit part of the position to lock in profits.

KuCoin

๐Ÿ”น Second Extended Take Profit Target:

๐ŸŸข ~155โ€“160 USD

Higher resistance level if the price continues to improve.

MEXC

๐Ÿ”น Stop Loss:

๐Ÿ”ด Below ~120 USD

Breaking below this level may indicate a continued downward move toward lower levels.

โœ… Technical Reason

โœ” The price is oscillating between support levels ~124โ€“128 and resistance levels ~140โ€“145.

โœ” Rebound from support offers buying opportunities with lower risk.

โœ” Breaking above resistance suggests a stronger upward move toward higher targets.