10.21 Solana $SOL Long trade plan
After being heavily oversold, a rebound and recovery are possible, but the overall trend is still downward. Only try a small long position; don’t go in heavily to catch the bottom.
Wait for the price to pull back to the 104.5–104.0 range. Enter in batches only after it stops falling and stabilizes. Solana is highly volatile, so keep your position size small. Set a stop-loss below 103.5, and cut the position decisively if the price breaks below the previous low. The initial upside target is 107.0–107.5. Take profit when it reaches that range. Don’t get attached to a rebound in a downtrend—take profits while you can. #Zcash24小时上涨8.5%
After being heavily oversold, a rebound and recovery are possible, but the overall trend is still downward. Only try a small long position; don’t go in heavily to catch the bottom.
Wait for the price to pull back to the 104.5–104.0 range. Enter in batches only after it stops falling and stabilizes. Solana is highly volatile, so keep your position size small. Set a stop-loss below 103.5, and cut the position decisively if the price breaks below the previous low. The initial upside target is 107.0–107.5. Take profit when it reaches that range. Don’t get attached to a rebound in a downtrend—take profits while you can. #Zcash24小时上涨8.5%