$SOL /USDT LONG TRADE SETUP
$SOL is currently trading at $87.23, showing a resilient recovery after plunging to a recent low of $67.31, a level not seen since December 2023. The 15m and 4h charts indicate a potential V-shaped recovery pattern as the price has successfully reclaimed the $80 psychological level. Technical indicators like the KDJ have formed a "golden cross" upwards, and a TD Sequential “9” buy signal has appeared, suggesting that the recent heavy selling momentum is exhausted and a relief rally is underway.
Target Points
TP1: $92.00 (Immediate resistance and 4-hour chart target)
TP2: $98.00 (Key bearish trend line resistance on the hourly chart)
TP3: $102.80 (Major resistance zone near the mid-Bollinger Band)
Stop Loss
Set stop loss below $79.50 to manage risk against a breakdown back toward the recent lows.
Buy and Trade here on $SOL
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