Managing dollar-cost averaging (DCA) into a short position takes tight control, as averaging up raises your overall risk if the trend continues against you. Keeping parameters tight is the safest approach here.
Trade Parameters
* Asset: Solana ($SOL )
* Direction: Short (DCA Strategy)
* Entry Range: $92.30 – $94.00
* Stop Loss (SL): $95.80
* Take Profit (TP): $90.80 – $89.90
Risk Checklist
* Invalidation: If $SOL breaks above $95.80, exit immediately to protect your capital.
* Position Size: Splitting entries across the DCA zone helps smooth your average entry, but keep total exposure capped to avoid over-leveraging.
#SOL #Binance
Trade Parameters
* Asset: Solana ($SOL )
* Direction: Short (DCA Strategy)
* Entry Range: $92.30 – $94.00
* Stop Loss (SL): $95.80
* Take Profit (TP): $90.80 – $89.90
Risk Checklist
* Invalidation: If $SOL breaks above $95.80, exit immediately to protect your capital.
* Position Size: Splitting entries across the DCA zone helps smooth your average entry, but keep total exposure capped to avoid over-leveraging.
#SOL #Binance