I entered a speculative long trade on Solana, considering several key factors that suggest a potential rebound in the coming days.
Reasons for Entering Long
1. Fundamental Factor – On Saturday, the U.S. announced tariff hikes on China, Canada, and Mexico, causing market turbulence. After the initial sell-off, markets often see a partial recovery.
2. Technical Factor – SOL is in an oversold zone, increasing the likelihood of a bounce.
3. Short-Term Potential – Solana remains technically strong, and if the crypto market recovers, SOL could outperform.
Trade Parameters
• Entry Price: $213.79
• Stop-loss: $210.08 (trigger), $210 (limit)
• Take Profit: $242
• Risk Level: High, as this is a speculative trade.
I expect Solana to recover in the short term if market conditions improve.
Reasons for Entering Long
1. Fundamental Factor – On Saturday, the U.S. announced tariff hikes on China, Canada, and Mexico, causing market turbulence. After the initial sell-off, markets often see a partial recovery.
2. Technical Factor – SOL is in an oversold zone, increasing the likelihood of a bounce.
3. Short-Term Potential – Solana remains technically strong, and if the crypto market recovers, SOL could outperform.
Trade Parameters
• Entry Price: $213.79
• Stop-loss: $210.08 (trigger), $210 (limit)
• Take Profit: $242
• Risk Level: High, as this is a speculative trade.
I expect Solana to recover in the short term if market conditions improve.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.