Several in-depth analyses have been conducted around SOL in previous articles—covering short-term patterns, medium- and long-term trends, volume momentum, and key technical levels, basically understanding the chart inside out. The current question is: how to truly apply these analyses in trading?

This brings us to the importance of multi-scenario contingency plans. Instead of making absolute predictions about a specific price, it's better to prepare for different possibilities. The market never follows a script perfectly; our job is to write multiple scripts in advance and adapt as needed.

**Scenario A: Uptrend Initiation**

The trigger signals are clear: the daily close above the $195 resistance level, volume surging over 50% above recent averages, MACD forming a golden cross, and RSI steadily entering the 50-70 range. When these conditions align, it indicates strong buying momentum.

How to set targets in this case? In the short term, look at around $225-235 (which corresponds to previous highs and the 0.236 Fibonacci retracement level). If this momentum continues, mid-term targets could even challenge the historical high zone of $260-295.

Trading approach: wait for confirmation signals before gradually building positions, with an initial stop-loss below the breakout point (e.g., $188). If the price breaks below, exit decisively. If volume continues to push upward, consider adding on dips around $205-215, provided the overall trend remains unchanged. The core of risk control is avoiding false breakouts—if the price falls back below $195 and stays there, it’s time to step back and observe, rather than fighting the market.

**Scenario B: Range-bound Fluctuation**

This is the most common state. Price moves within a broad range of $175-250, oscillating without a clear trend, with volume relatively flat. At this stage, patience and mindset are tested.

Many traders tend to chase highs and sell lows in such conditions, often getting chopped up repeatedly. The correct approach is to treat the range’s upper and lower bounds as ceiling and floor: take small positions near the bottom to catch rebounds, and consider profit-taking or reducing positions near the top. Set stop-loss just outside the range; if a true breakout occurs, accept the loss and exit.

Patience is more valuable than impulsiveness at this stage. Small wins and losses don’t matter much; maintaining tight stops and participating in repeated cycles of accumulation and distribution is the right way. Also, keep a close eye on volume and technical indicators for breakout signals; once confirmed, switch strategies immediately.

**Scenario C: Downside Risk**

If the breakout fails and the price drops instead, the key support is $175—if the daily closes below this level and cannot quickly recover, the prior upward momentum is likely broken, and it’s time to wait for new signals.

The strategy here is simple: stay out of the market or hold light positions and observe. Instead of blindly bottom-fishing, wait for clear bottom signals before entering. It might take longer, but it’s much more comfortable than being caught in a deep trap.

**Key Points for Execution**

1. Strict stop-losses: Have a plan and discipline. Even in the most promising markets, don’t violate your risk management principles.

2. Position sizing: Crucial—adjust your size according to the scenario. Only add when the probability is strongly in your favor.

3. Regular review and adjustment: Markets change, and so should your understanding and strategies. Avoid rigidity.

In essence, trading is about finding probabilities amid uncertainty. A multi-scenario framework helps you avoid the risks of relying on a single prediction and ensures you have clear action plans for different market states. That’s what really works.