This Solana (SOL/USDT) scalping trade on the 5-minute chart highlights a high-probability long setup following a breakout above a key resistance level. After bouncing off the 129.12 moving average (MA) and holding support at $129.01, SOL is showing bullish continuation.
The trade plan includes an entry at $130.31, with a stop-loss set below support at $129.01 to minimize downside risk. The take-profit target is positioned at $135.94, aligning with previous resistance and liquidity zones, ensuring an optimal risk-to-reward ratio.
This setup leverages momentum trading and breakout confirmation for short-term gains. Stay updated on Solana price action, market structure, and technical indicators to refine your crypto trading strategy.
#Solana #SOLUSD #CryptoScalping #BreakoutTrade #TechnicalAnalysis #CryptoTrading
The trade plan includes an entry at $130.31, with a stop-loss set below support at $129.01 to minimize downside risk. The take-profit target is positioned at $135.94, aligning with previous resistance and liquidity zones, ensuring an optimal risk-to-reward ratio.
This setup leverages momentum trading and breakout confirmation for short-term gains. Stay updated on Solana price action, market structure, and technical indicators to refine your crypto trading strategy.
#Solana #SOLUSD #CryptoScalping #BreakoutTrade #TechnicalAnalysis #CryptoTrading
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.