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SOL Intraday Trading Strategy
Current Trend:
1H strong upward movement, short-term consolidation at high levels
Trading Direction:
Buy on pullback
Suggested Entry Price:
92.80
Suggested Take Profit Prices:
TP1 93.60
TP2 94.20
Suggested Stop Loss Price:
92.35
Trade Entry Reason:
1H bullish structure not broken
15M pullback to lower boundary
5M waiting for false breakdown to recover
Early Exit Conditions:
5M volume-driven breakdown below 92.80
15M close below 92.60
Rapid drop back to 93.20 after rebound from 93.60
Strategy Order Cancellation Conditions:
Breakthrough above 94.00 without pullback
15M close below 92.35
Failure to recover after 5M drop below 92.80
Risk-Reward Ratio:
TP1=1:1.78
TP2=1:3.11