🚀 SOLUSDT Long Setup – Rounded Bottom Reversal in Play
The SOLUSDT Daily Chart is shaping up for a bullish breakout, with price action forming a classic rounded bottom pattern—a strong reversal signal in crypto markets. After weeks of consolidation, Solana has reclaimed momentum and is now trading near $138, just above the Buy Zone ($134–$140).
This zone has acted as a base of accumulation, and with volume picking up, the setup offers a clean structure for a long trade with attractive upside targets.
🟢 Trade Setup Details
- Buy Zone: $134.00 – $140.00
- MAX. Stop Loss: $132.67
- Key Resistance Level: $144.80
- Take Profit Targets:
- 🎯 TP1: $157.00
The projected move offers a risk/reward ratio of 2.30, with a potential gain of 11.49% from entry to TP1.
🔍 Technical Highlights
- The rounded bottom suggests a shift from bearish to bullish sentiment.
- Price is reclaiming the neckline zone around $144.80, which may act as a breakout trigger.
- Volume shows signs of accumulation, supporting the bullish thesis.
- The risk zone is tightly defined, allowing for precise SL placement below $132.67.
📈 Bullish Scenario
If SOL holds above the Buy Zone and breaks through $144.80, we could see a swift move toward TP1 at $157.00. Watch for:
- Bullish daily close above $145
- Volume spike confirming breakout
- Momentum indicators crossing into bullish territory
⚠️ Risk Management
- SL below $132.67 protects against invalidation of the rounded bottom.
- Consider scaling out near TP1 or trailing stops to capture extended moves.
- Avoid chasing if price runs too far—wait for pullbacks or retests of breakout levels.
💡 Summary: SOLUSDT is showing a textbook rounded bottom reversal, with price stabilizing in the $134–$140 Buy Zone and gearing up for a breakout. With a clean structure, layered targets, and tight SL, this setup offers precision and potential.
📊 Whether you're trading the breakout or positioning for a swing move toward $157+, this chart deserves your attention.
The SOLUSDT Daily Chart is shaping up for a bullish breakout, with price action forming a classic rounded bottom pattern—a strong reversal signal in crypto markets. After weeks of consolidation, Solana has reclaimed momentum and is now trading near $138, just above the Buy Zone ($134–$140).
This zone has acted as a base of accumulation, and with volume picking up, the setup offers a clean structure for a long trade with attractive upside targets.
🟢 Trade Setup Details
- Buy Zone: $134.00 – $140.00
- MAX. Stop Loss: $132.67
- Key Resistance Level: $144.80
- Take Profit Targets:
- 🎯 TP1: $157.00
The projected move offers a risk/reward ratio of 2.30, with a potential gain of 11.49% from entry to TP1.
🔍 Technical Highlights
- The rounded bottom suggests a shift from bearish to bullish sentiment.
- Price is reclaiming the neckline zone around $144.80, which may act as a breakout trigger.
- Volume shows signs of accumulation, supporting the bullish thesis.
- The risk zone is tightly defined, allowing for precise SL placement below $132.67.
📈 Bullish Scenario
If SOL holds above the Buy Zone and breaks through $144.80, we could see a swift move toward TP1 at $157.00. Watch for:
- Bullish daily close above $145
- Volume spike confirming breakout
- Momentum indicators crossing into bullish territory
⚠️ Risk Management
- SL below $132.67 protects against invalidation of the rounded bottom.
- Consider scaling out near TP1 or trailing stops to capture extended moves.
- Avoid chasing if price runs too far—wait for pullbacks or retests of breakout levels.
💡 Summary: SOLUSDT is showing a textbook rounded bottom reversal, with price stabilizing in the $134–$140 Buy Zone and gearing up for a breakout. With a clean structure, layered targets, and tight SL, this setup offers precision and potential.
📊 Whether you're trading the breakout or positioning for a swing move toward $157+, this chart deserves your attention.
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t.me/strengthboosters
~1 Forex setup per day. With ICT setup for intraday trading —— Accuracy +80%
-Booster highlight:
US stocks and Crypto watch list update each weekend.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔥my free signals and AI trading indicators channel telegram
t.me/strengthboosters
~1 Forex setup per day. With ICT setup for intraday trading —— Accuracy +80%
-Booster highlight:
US stocks and Crypto watch list update each weekend.
t.me/strengthboosters
~1 Forex setup per day. With ICT setup for intraday trading —— Accuracy +80%
-Booster highlight:
US stocks and Crypto watch list update each weekend.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.