Solana perpetual future quoted in USD
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Solana (1H Chart) - Breakout-Retest Long Trade

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This is a long trade setup for Solana perpetual futures based on a breakout and retest structure, placed on the 1-hour chart.

Trade Overview

• The chart shows price consolidating near a horizontal resistance zone (yellow line), followed by a breakout above this level and a subsequent retest.
• The entry is taken after confirmation of support at the breakout zone, aiming for a move toward the upper target.

Entry, Target, and Stop-Loss

• Entry: Around 226 USD, following a successful retest of the yellow breakout level.
• ⁠Target: 232 USD, marked in green at the upper end of the chart’s risk-reward box.
• ⁠Stop-Loss: 222 USD, just below the retest zone, minimizing risk if price reverses.

Trade Logic and Reasoning

• The trade capitalizes on a classic breakout-retest pattern, where price first breaks resistance and then tests it as new support.
• ⁠Increasing volume near the breakout supports bullish momentum.
• ⁠Risk management is prominent, with a clear stop-loss set below the retest area.

Risk/Reward Profile

This setup offers a favorable risk-to-reward ratio, as visualized by the green/red shaded box indicating potential gain versus loss for the position.
トレード稼働中
Entered at 226, Let the magic begins :)
トレード終了: 利益確定目標に到達
One shot Momentum 🔥
Done and Dusted ⚡️🥳
Solana 226 to 232 :)

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