$SOL
(Og Queen Strategey)
SOL Market Analysis
Current Price: ~$144.46.
Support Levels: $141.68 (immediate) and $134.00 (50-day EMA).
Resistance Levels: $146.93 (24h high) and $150.00 (major psychological pivot).
Momentum: SOL is outperforming Bitcoin and Ethereum in terms of ETF relative strength, but it is currently "cooling off" after hitting overbought conditions on the 30-minute chart.
🚀 The Setup: "The Pivot Breakout"
This trade is designed to enter on the current minor pullback with a target of a breakout above the $150 resistance zone.
Entry Zone $141.50 – $144.00 Entering near the "first line of defense" for buyers and the 1D support confluence.
Take Profit 1 $149.50 Just below the critical $150 resistance barrier where profit-taking is expected.
Take Profit 2 $162.00 A major Fibonacci resistance and 200-day EMA target.
Stop Loss $136.50 Placed
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