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12.16 Sol Intraday Trading Strategy
Long Strategy: Focus on the $124 - $125 range intraday, which is close to the 24-hour low. If there is a slight increase in volume and signs of price stabilization, consider entering a small long position. The first target is $130; if broken, aim for the key resistance at $134. Set a stop-loss below $122 to avoid larger losses if the intraday support is broken.
Short Strategy: When the price rebounds to the $132 - $134 range, given prior signs of a pullback in this zone, if upward momentum weakens (e.g., consecutive small bearish candlesticks), consider a small short position. The first target is $128; the second is $125. Set a stop-loss above $136 to prevent continued upward movement after breaking the previous intraday high.
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