SOL - Reversal Trade

Aug 7

#SOL/USDT #Analysis
Description
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+ The price has once again tested a crucial support level for the third time, a zone that has proven resilient in past corrections. This setup presents a potential trade opportunity as the price targets a strong resistance level aligned with the previous all-time high (ATH).
+ There is a favorable trading opportunity from the current support zone up to the resistance level.
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VectorAlgo Trade Details
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Entry Price: 143.79
Stop Loss: 106.86
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Target 1: 160.52
Target 2: 172.89
Target 3: 194.87
Target 4: 233.20
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Timeframe: 3D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo