SOLANA: Approaching the $97.22 Demand Zone — Long Setup Ahead?SOL / TetherUS PERPETUAL CONTRACTBINANCE:SOLUSDT.PmrsignalllSOLANA: 13-Day Range — Watching the $97.22 Bottom for a Long Setup Solana has been trading inside a clear range between $97 and $107 for almost 13 days, and the price is now approaching the bottom of this range around $97.22. At this area, I’m looking for potential long opportunities. There are two ways I would consider entering this trade: 👇👇 1. Risky Limit Entry For a more aggressive approach, you can place a limit order around $97.22. For the stop loss, there are two options: - Risky SL: $94.48 - Safer SL: $92.12 Personally, if I were taking the limit-entry approach, I would prefer the safer stop loss at $92.12 to give the trade more room. For the targets, you can manage the position based on R:R: - TP1 = 1R - TP2 = 2R - TP3 = 3R If we get the long entry near the bottom of the range, the main idea is for SOL to move back toward the top of the range around $107. 2. Confirmation Entry The second approach is to wait for confirmation instead of entering immediately at $97.22. Once the price reaches the bottom of the range, I would look for a clear reaction from the area, such as a strong bullish candlestick or a change in market structure from bearish to bullish. If that confirmation appears, we can then look for an entry with confirmation. This approach may provide a higher-probability setup, although the entry could be at a higher price and the potential R:R may be different. So, personally, I prefer waiting for the reaction and confirmation rather than blindly entering at the bottom of the range. However, if you want to take the limit-order approach, the $97.22 area is the level I’m watching, with either $94.48 or the safer $92.12 stop loss. If #SOL reaches the top of the range around $107, that would be the main area to watch. And if the price breaks above the range with strong momentum, SOL could potentially continue higher. As always, manage your risk properly and don’t risk more than you can afford to lose.