Solana is showing signs of a local recovery on the 15m chart. Here is what you need to know for your next trade:
$ Key Market Data:
Current Price: $92.07 (+3.40%)
Trend: Price bounced from the $91.60 support and is testing the MA60 ($91.92) resistance.
Resistance: $92.15 – A breakout above this could push SOL toward $93.50.
Support: $91.50 – Falling below this might trigger a short-term dip.
Trading Strategy:
Bullish Entry: Look for a candle close above $92.20 for a potential scalp long.
Risk Management: Keep a tight Stop Loss (SL) around $91.40.
Sentiment: Short-term momentum is positive, but watch the volume closely.
Note: This is for scalping/intra-day trading. Always DYOR (Do Your Own Research) before entering.#solana #ProfitPotential