CRYPTOCAP:SOL has been hot as of lately and the crypto sector seems to be bullish overall. We have a nice breakout here on the daily timeframe and as we zoom in on the price action we can see that its a perfect retest for the next leg up! I think this has a good and i mean GOOD chance of seeing $200 very soon.
Solana broke an ascending triangle and gave us a clear target and a clear stop loss. The reward to risk ratio for this trade is 3.28 with 16.7% potential gain to 5.1% potential loss. Enter, set your stop loss and let it ride. Don't forget to set alerts for when it goes up about halfway (about 7% up) so that you move your stop loss up.