A classic Cup and Handle pattern is forming on the daily chart of SOLUSDT. The breakout above the $195 neckline signals potential continuation toward the $295 target, based on the depth of the cup.
🔹 Key levels:
Entry: $196
Stop Loss: $177
TP1: $219 (Fib 0.382)
TP2: $248 (Fib 0.236)
TP3: $274 - $295 (full target zone)
📊 The Fibonacci retracement levels align well with potential resistance zones. A clean breakout and daily close above $200 could further validate this setup.
Not financial advice. DYOR.
🔹 Key levels:
Entry: $196
Stop Loss: $177
TP1: $219 (Fib 0.382)
TP2: $248 (Fib 0.236)
TP3: $274 - $295 (full target zone)
📊 The Fibonacci retracement levels align well with potential resistance zones. A clean breakout and daily close above $200 could further validate this setup.
Not financial advice. DYOR.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.