SOL - Reversal Trade

7 Agu

#SOL/USDT #Analysis
Description
---------------------------------------------------------------
+ The price has once again tested a crucial support level for the third time, a zone that has proven resilient in past corrections. This setup presents a potential trade opportunity as the price targets a strong resistance level aligned with the previous all-time high (ATH).
+ There is a favorable trading opportunity from the current support zone up to the resistance level.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 143.79
Stop Loss: 106.86
------------------------------
Target 1: 160.52
Target 2: 172.89
Target 3: 194.87
Target 4: 233.20
------------------------------
Timeframe: 3D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.

Best Regards,
VectorAlgo