SOL is currently at 105.32, up 1.2% over 24 hours—the only major coin in the green against the trend. Over the same period, EIGEN fell 7.7%, W fell 6.1%, and STRK fell 5.6%. Altcoins are bleeding across the board, and funds are clearly clustering around market leaders. BTC is up 0.9% at 82,572, and BNB is up 0.6% at 726. The broader market is stable but lacks strength, and money is only willing to stay in the most certain bets.
Strategy: Enter in batches within the 105–105.8 range. If SOL holds above 105.5, treat the breakout as confirmed and add one more tranche. Stop-loss at 101.8 (below the psychological 100-level mark and at the lower end of the recent trading range); take-profit at 112. Total position size: 15%. Don’t add if it falls below 104.
For a coin showing exceptional strength against the trend, would you enter a breakout trade early or wait for confirmation? #SOL
Strategy: Enter in batches within the 105–105.8 range. If SOL holds above 105.5, treat the breakout as confirmed and add one more tranche. Stop-loss at 101.8 (below the psychological 100-level mark and at the lower end of the recent trading range); take-profit at 112. Total position size: 15%. Don’t add if it falls below 104.
For a coin showing exceptional strength against the trend, would you enter a breakout trade early or wait for confirmation? #SOL