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📉 SOL Trading Plan 🚀
SOL / TetherUS
Long
📉 SOL Trading Plan 🚀
By Richtv_official
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Apr 29
3
Cheer
Cheer
Apr 29
Observation:
SOL faced rejection at $160 and retraced to a supportive zone. Potential correlation with BTC's performance.
Trade Setup:
Entry: $126 - $140.
Take Profit: $160 - $170 or $200 - $220.
Stop Loss: Tight below $120 or BTC's $60,000 support loss.
🚨 Risk Management:
Trade is against BTC's downtrend on higher time frames.
Monitor BTC closely; any loss of support prompts trade exit.
📊 Strategy Rationale:
Anticipate SOL's recovery if BTC maintains $60,000 - $61,500 support.
Tight stop loss minimizes potential losses in uncertain market conditions.
📉🔍 Stay attentive to BTC's movements for trade adjustments! #SOLTrading #BTCAnalysis 📈🚀
BTC
crypto
SOL
soltrading
solusdt
Support and Resistance
Trend Analysis
Richtv_official
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