SOL Solana Trade Idea

SOL Solana is clearly trending bullish as we can see on the 4 hour time frame with consecutive higher highs and higher lows. We look for an entry on the Fibonacci retrace down into the 50 to the 61.8% level. We can see support on a previous high to the left of the current price swing which could provide support for an entry point. Target one is the current price swing high take partial profits and move stop loss to break even, target two would be a measured move above the current price swing. This analysis is for educational purposes only and not financial advice. Always trade with a solid risk management plan.