Awesome, awesome—this surge led by $SOL . The main reason is that Charles Schwab Wealth plan has launched SOL spot trading, plus expectations of accelerated deflation and a future proposal to reduce issuance by about 18.9 million tokens. Funds concentrated and rushed in early, pushing the price up.
Now let’s look at the trading strategy.
Main position: Go long in batches from 107.2 to 107.8. Stop-loss at 105.6. Take-profit at 109.8/112.5. If a 15-minute candle closes above 110.2, wait for a pullback to 109.8–110.2 and only long if it holds without breaking; stop-loss at 108.6; take-profit at 112.5/114.5.
For short positions: Only trade weakness. If a 15-minute candle closes below 106.8, and during the retest 107.0–107.4 fails to break through, then short. Stop-loss at 108.6. Take-profit at 105.0/103.8.
Cut the first target in half to reduce position; move the remaining position’s stop-loss to breakeven. Only one of the two setups will be used—the one that triggers first. Per-trade risk must not exceed 1% of principal. These levels are only suitable if the price remains around 108–110.
This is only a personal trading plan and does not constitute investment advice.
Now let’s look at the trading strategy.
Main position: Go long in batches from 107.2 to 107.8. Stop-loss at 105.6. Take-profit at 109.8/112.5. If a 15-minute candle closes above 110.2, wait for a pullback to 109.8–110.2 and only long if it holds without breaking; stop-loss at 108.6; take-profit at 112.5/114.5.
For short positions: Only trade weakness. If a 15-minute candle closes below 106.8, and during the retest 107.0–107.4 fails to break through, then short. Stop-loss at 108.6. Take-profit at 105.0/103.8.
Cut the first target in half to reduce position; move the remaining position’s stop-loss to breakeven. Only one of the two setups will be used—the one that triggers first. Per-trade risk must not exceed 1% of principal. These levels are only suitable if the price remains around 108–110.
This is only a personal trading plan and does not constitute investment advice.
