đ $SOL / USDT â Recovery Bounce & Key EMA Test đą
đ° Current Price: ~132.77 USDT (+1.15% 24h)
đĄ Market Insight:
$SOL has rebounded strongly from the 127.9 demand zone. Price is trading above EMA(7) & EMA(25) but facing resistance near EMA(99). This suggests a short-term recovery within a broader bearish structure. Bullish continuation is favored if price holds above EMA25 and reclaims 133 USDT.
đ„ Entry Zone (Long): 131.8 â 1342 USDT
đŻ Take-Profit Targets:
âą TP1: 138
âą TP2: 145
âą TP3: 150
đ Stop Loss: 129.9 USDT (below recent higher low & demand zone)
đĄ Trade Insight:
Buying the pullback near EMA25 allows for a favorable risk-to-reward setup. If price rejects EMA99, expect a return to range consolidation. Scale profits at each target while leaving a portion to ride potential upside momentum.
â ïž Tip: Monitor price action near EMA99 closely and adjust position size according to risk tolerance.
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