Tokyooo
4 Posts
Tokyooo
Open Trade
Frequent Trader
2 Years
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Whales are playing with SOL and I already fell for it 🐋
Yesterday I removed my grid spot $SOL .
Why? Because I saw it was going out of range and I didn’t want my money to get stuck for 3 months waiting.
Today I understand better why.
While Solana improves the network x4 and $USDC reaches 6 million users...
The whales are pulling out $2.2 million.
Result: $SOL at $76 and fighting.
The real danger is between $74.90 - $77.80. There are almost $38 million in leveraged x20 positions ready to get liquidated.
If it breaks $74.90 = free fall
If it breaks $77.80 = short squeeze
Moral: Sometimes removing the grid in time is winning.
The network is better than ever. The price is not.
And with so much leverage in the middle, Perp is a trap.
I’m waiting in SPOT: either $70 or confirmation above $78.
Did you also remove your grids or are you still in? I’m reading you 👇
#Sol #solana #Trading #GridTrading #CryptoAnalysis
Yesterday I removed my grid spot $SOL .
Why? Because I saw it was going out of range and I didn’t want my money to get stuck for 3 months waiting.
Today I understand better why.
While Solana improves the network x4 and $USDC reaches 6 million users...
The whales are pulling out $2.2 million.
Result: $SOL at $76 and fighting.
The real danger is between $74.90 - $77.80. There are almost $38 million in leveraged x20 positions ready to get liquidated.
If it breaks $74.90 = free fall
If it breaks $77.80 = short squeeze
Moral: Sometimes removing the grid in time is winning.
The network is better than ever. The price is not.
And with so much leverage in the middle, Perp is a trap.
I’m waiting in SPOT: either $70 or confirmation above $78.
Did you also remove your grids or are you still in? I’m reading you 👇
#Sol #solana #Trading #GridTrading #CryptoAnalysis
*I removed my Grid of $SOL with +2.3% in 2 days. Why? 👇*
I was running a grid bot with 109 USDT in $SOL and it gave me 2.53 USDT profit in 1 day 21h. 2.32% 📈
But I just stopped it. What’s the reason?
3 warning signs:
1. *RSI at 87* - Brutal overbought. When it goes above 70, a correction is in the air
2. *20x whale* - There’s a huge leveraged position. If they get liquidated, SOL will drop in a chain reaction
3. *Profit taking* - Exits of 1.3M USD per hour
Technical analysis says that $SOL is stretched too far. I’d rather be safe and wait for the correction.
My rule: "Buy with fear, sell with euphoria"
What would you do? Leave the grid on or withdraw?
I’m listening 👇
#Trading #GridBot #Crypto #Binance #solana
I was running a grid bot with 109 USDT in $SOL and it gave me 2.53 USDT profit in 1 day 21h. 2.32% 📈
But I just stopped it. What’s the reason?
3 warning signs:
1. *RSI at 87* - Brutal overbought. When it goes above 70, a correction is in the air
2. *20x whale* - There’s a huge leveraged position. If they get liquidated, SOL will drop in a chain reaction
3. *Profit taking* - Exits of 1.3M USD per hour
Technical analysis says that $SOL is stretched too far. I’d rather be safe and wait for the correction.
My rule: "Buy with fear, sell with euphoria"
What would you do? Leave the grid on or withdraw?
I’m listening 👇
#Trading #GridBot #Crypto #Binance #solana
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