Price is sitting around $93.6 after bouncing from the $92.5 area, but buyers still haven’t managed to push cleanly through $94 yet.

Entry: $93.30–$93.70
TP1: $94.00
TP2: $94.50
TP3: $94.80
SL: Below $92.80

For me, the setup stays interesting as long as SOL keeps holding above the recent low. Reclaim $94 and the move starts looking much cleaner. Lose $92.8 and I’d rather wait.I’m watching $SOL here.

Price is sitting around $93.6 after bouncing from the $92.5 area, but buyers still haven’t managed to push cleanly through $94 yet.

Entry: $93.30–$93.70
TP1: $94.00
TP2: $94.50
TP3: $94.80
SL: Below $92.80

For me, the setup stays interesting as long as SOL keeps holding above the recent low. Reclaim $94 and the move starts looking much cleaner. Lose $92.8 and I’d rather wait.

SOL0.98%

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RWAConnoisseur

· 4h ago

The rebound is here, but it couldn’t even hold above 94. It still feels safer to stay on the sidelines for now and chase after a breakout.

Reply0

WhaleFootprint

· 6h ago

94 is key; a breakout would be bullish.

Reply0

Shredder

· 14h ago

I have a similar view: as long as it doesn’t break below 92.8, there’s still a chance. But 94 has already capped the price several times, and a breakout needs increased volume. A move up on declining volume would be a false breakout, so don’t rush to go long.

Reply0

HeadShouldersGuard

· 08-23 14:17

Setting the stop-loss at 92.8 is reasonable, but the entry range of 93.3 to 93.7 is too close to the stop-loss and could easily be swept in a larger move. Consider using a smaller position or waiting for a pullback to 93 before entering.

Reply0

OnChain_CPA

· 08-23 09:38

This is an awkward position—if 94 can’t be broken through, it’s all for nothing.

Reply0

YieldHunter

· 08-22 23:39

Swing trading within this range is fine; if it breaks down, cut your losses.

Reply0

CryptoHistory

· 08-22 23:26

Going long here is a bit of a gamble, as the downtrend hasn’t fully reversed; this is only a left-side starter position. If you’re truly bullish, wait until the price holds above 94.2 before entering. The win rate will be much higher—slightly more expensive, but safer.

Reply0

GroundhogDay

· 08-22 23:22

I like this plan—simple and clear. However, I’d move the SL a little lower to prevent wicks, since liquidity hunters love sweeping these kinds of stop-losses.

Reply0

ArbDiver

· 08-22 23:19

Hold as long as 92.8 holds; if it breaks, exit.

Reply0

GateUser-9d67589f

· 08-22 23:17

Let’s wait for direction; call me again when 94 breaks out.

Reply0

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I’m watching $SOL here.

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