Afternoon SOL Strategy


Current price 78.40, middle band 78.09, upper band 78.51, lower band 77.67.
The price is running just below the upper Bollinger Band, with short-term bulls in the advantage, but the 78.94 level above is a strong resistance from the previous high. The upper band provides short-term pressure, and chasing long positions is not advisable before a breakout with volume.
Entry condition: Price stabilizes above 78.60 and a 1-minute bullish candle confirms
Stop loss: 78.20 (long logic invalidated if broken)
First take profit: 78.90-78.94 (reduce half position at previous high)
Second target: Hold if breakout above 78.94 with volume, target 80, exit all at 80#sol
SOL4.90%
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