The SOL-USDT pair shows strong bullish momentum with the recent breakout above the EMA10. Traders might consider:
1. **Entry Strategy**: Look for potential pullbacks to the $140-$142 zone (near EMA10) for entry opportunities 2. **Stop Loss**: Place stops below the EMA20 at approximately $138 3. **Take Profit**: Consider taking partial profits near the $145 resistance level
**Risk Warning**: Despite the current bullish momentum, be cautious of potential resistance at $145. The market may experience short-term consolidation before continuing the uptrend. Always manage your position size according to your risk tolerance. Good Luck 🍀🤞🏻
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The SOL-USDT pair shows strong bullish momentum with the recent breakout above the EMA10. Traders might consider:
1. **Entry Strategy**: Look for potential pullbacks to the $140-$142 zone (near EMA10) for entry opportunities
2. **Stop Loss**: Place stops below the EMA20 at approximately $138
3. **Take Profit**: Consider taking partial profits near the $145 resistance level
**Risk Warning**: Despite the current bullish momentum, be cautious of potential resistance at $145. The market may experience short-term consolidation before continuing the uptrend. Always manage your position size according to your risk tolerance.
Good Luck 🍀🤞🏻