SOLUSDT (1H) chart Pattern..

Oct 15

SOLUSDT (1H) chart — great setup forming! Let’s analyze it clearly 👇


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🔍 Chart Observations

Current price: around $204.78

Price is moving above an ascending trendline, showing a steady bullish structure.

Ichimoku Cloud is underneath, giving good support — confirming momentum is bullish.

My drawn a target line labeled “Target Point” near $228.50, which matches a major resistance zone from earlier consolidation.



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🎯 Target Levels

Based on my structure:

1. Target (Main): $228 – $230

This aligns with the top of my chart’s marked zone.

It’s also the previous high before the major selloff, making it a strong resistance / profit-taking zone.



2. Short-term resistance / partial take-profit: $212 – $214

Could act as a minor barrier before price pushes higher.





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🛑 Stop-Loss Suggestion

Below trendline or cloud base → around $198 – $200
(If price closes below, it breaks bullish structure.)



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⚖ Trade Plan Summary

Type Entry Stop Target 1 Target 2 Risk:Reward

Long $204–206 $198 $214 $228–230 ~1:2.5–1:3



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📈 Summary:

Trend: Bullish continuation

Entry: $204–206

Stop: $198

Target: $228–230 (main)

Oct 15

Trade active

trade active