SOL / TetherUS
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#SOL/USDT - Long - Potential 27.93%

297
Strategy: Long
Exchange: BINANCE
Account: Spot
Entry mode: Market order in range
Invest: Risk 1%
Exit:
• ⎿ Target 2 : 165.21 27.77%
• ⎿ Target 1 : 136.72 5.74%
Entry: 129.30 ⌁ 129.30
• ⎿ Current market price: 129.29
Stop: 117.66 (-9%)

Technical indicators:
Maybe the last bit of juice in this pump but I like SOL for 2024, and the support cushion below price with the asset clearly being a volume magnet is positioning it well to continue even if BTC retraces (in fact maybe because BTC retraces as the volume from profits will trickle down to the high caps).

Huge RSI momentum, break of structure and break of overhead resistance.
• ⎿ 24h Volume: 1956833535.3699
• ⎿ Satoshis: 129.3
• ⎿ Analysis: TradingView

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