SEI/USD โ 30-Min Breakout Trade Setup !๐ ๐
๐น Asset: Solaris Energy Infrastructure, Inc. (SEI/USD)
๐น Timeframe: 30-Min Chart
๐น Setup Type: Descending Triangle Breakout
๐ Trade Plan (Long Position)
โ
Entry Zone: Above $33.81 (Breakout Confirmation)
โ
Stop-Loss (SL): Below $31.78 (Break of Support & Triangle)
๐ฏ Take Profit Targets
๐ TP1: $36.18 (First Resistance Level)
๐ TP2: $39.02 - $40.00 (Final Target โ Extended Move)
๐ Risk-Reward Ratio Calculation
๐ Risk (SL Distance): $33.81 - $31.78 = $2.03 risk per share
๐ Reward to TP1: $36.18 - $33.81 = $2.37 (1:1.17 R/R)
๐ Reward to TP2: $39.02 - $33.81 = $5.21 (1:2.56 R/R)
๐ Technical Analysis & Strategy
๐ Descending Triangle Breakout: SEI has been consolidating with a breakout above $33.81, signaling a bullish reversal.
๐ Trendline & Support Bounce: Price is testing a descending trendline breakout, with buyers stepping in at key support.
๐ Breakout Confirmation: A strong bullish candle close above $33.81 with increasing volume will confirm momentum.
๐ Momentum Shift Expected: If price holds above $33.81, a rally toward $36.18 (TP1) and $39.02 - $40.00 (TP2) is likely.
๐ Key Support & Resistance Levels
๐ข $31.78 โ Strong Support / Stop-Loss Level
๐ก $33.81 โ Entry / Breakout Level
๐ด $36.18 โ First Resistance / TP1
๐ข $39.02 - $40.00 โ Final Target / TP2
๐ Trade Execution & Risk Management
๐ Volume Confirmation: Ensure strong buying volume above $33.81 before entering.
๐ Trailing Stop Strategy: Move SL to entry ($33.81) after TP1 ($36.18) is hit.
๐ฐ Partial Profit Booking Strategy:
โ Take 50% profits at $36.18, let the rest run to $39.02 - $40.00.
โ Adjust Stop-Loss to Break-even ($33.81) after TP1 is reached.
โ ๏ธ Fake Breakout Risk
โ If price fails to hold above $33.81 and reverses back, it could indicate a false breakoutโexit early.
โ Wait for a strong candle close above $33.81 for confirmation before entering aggressively.
๐ Final Thoughts
โ Bullish Setup โ Holding above $33.81 could lead to higher targets.
โ Momentum Shift Possible โ Watch for volume confirmation.
โ Favorable Risk-Reward Ratio โ 1:1.17 to TP1, 1:2.56 to TP2.
๐ก Stick to the plan, manage risk, and trade smart! ๐๐
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