The 1-hour chart of SOLUSDT shows promising signs of a potential bullish breakout. The price has been moving in a descending channel, but it is now testing the downward trendline (blue). A confirmed breakout above this line could signal the start of a strong upward move.
Bullish Scenario:
If the price breaks and stabilizes above the $187-$190 range, it would confirm the bullish reversal.
The first target is $202, a key resistance level based on previous price action.
If the bullish momentum continues, the next target is set at $213, aligning with a critical resistance zone and a longer-term trendline.
Trading Strategy:
Focus on entering a long position after the price breaks and holds above the $187 level.
First target: $202.
Second target: $213.
Stop-loss: Below $180 to limit potential downside risk.
The chart indicates strong potential for upward movement if the breakout is confirmed, making this a favorable opportunity for long positions. Proper risk management is essential to handle any unexpected market reversals.
Bullish Scenario:
If the price breaks and stabilizes above the $187-$190 range, it would confirm the bullish reversal.
The first target is $202, a key resistance level based on previous price action.
If the bullish momentum continues, the next target is set at $213, aligning with a critical resistance zone and a longer-term trendline.
Trading Strategy:
Focus on entering a long position after the price breaks and holds above the $187 level.
First target: $202.
Second target: $213.
Stop-loss: Below $180 to limit potential downside risk.
The chart indicates strong potential for upward movement if the breakout is confirmed, making this a favorable opportunity for long positions. Proper risk management is essential to handle any unexpected market reversals.
İşlem aktif
The trade has been activated
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.