#StopLossStrategies

🚀 $SOL /USDT – Breakout Loading Above Downtrend Line! đŸ”„đŸ’Ż

Current Price: $119.25 (–0.90%)

📊 Market Structure:

‱ Recent BOS to the upside confirms bullish intent

‱ Price forming higher lows after sweeping liquidity

‱ Downtrend line acting as dynamic resistance, but compression signals a breakout

‱ Bullish FVGs building under price – strong support base forming

Key Levels:

‱ Resistance Zone: $120.00 – $121.00 (FVG & trendline confluence)

‱ Support Zone: $118.80 – $119.10

‱ Target Zone: $124.00 – $124.50

‱ Invalidation: Below $117.96

Trade Setup:

‱ Entry: $119.20 – $119.40 (retest of support zone)

‱ Stop Loss: Below $117.95

‱ Target: $124.25

‱ Risk-Reward: ~3.5R

Why This Setup Matters:

‱ Price is testing a trendline for the 3rd time – weakening resistance

‱ Clean liquidity sweep & FVG filling shows smart money interest

‱ Clear imbalance above for price to gravitate toward

Pro Tip:

Wait for a bullish engulfing or strong 15-min candle close above the trendline for confirmation. Don’t chase early – let price retest the zone.

$SOL looks primed for liftoff – don’t miss the breakout from this compression zone!

Stack the odds in your favor and execute with precision.