okay so been tracking sol for 2 weeks now. here's my thesis:
**entry:** $138-142 range (waiting for retest of support)
**stop loss:** $128 (below recent swing low)
**tp1:** $165 (previous resistance)
**tp2:** $185 (if momentum continues)
risk/reward is roughly 1:2.5 which is decent imo
reasoning:
1/ sol ecosystem going crazy with memecoins
2/ held strong during last btc dump
3/ volume picking up on 4h
4/ rsi cooled down from overbought
putting 15k inr on this from my coinswitch account. already have some sol from december so this adds to position. am i missing something? feel like the setup is clean but want second opinions before executing. also considering splitting entry into 2 parts - 10k at 140, 5k at 135 if it dips more. roast my strategy pls. NFA obviously