LIFUI. O. LOR. #SOLANA My Thoughts: $90's Risk-Management
I believe it is possible for the entire crypto market breaks to a new weekly low. If the price of Solana fails to clear above $216, I believe it is likely to test support @ $180. If that breaks, I believe Solana will be offered in the $90's.
Please not that my bias for the market is overall bullish. However, shakeouts are a part of the game. I have taken a small short position as a hedge with limited risk. Please follow your own plan. I am only sharing my view of the market.
Resistance: $216
Support: $180, $146.5, $103, $90
This trade idea is not financial advice. I am not a financial advisor of any kind.
Please do your own analysis, responsibly manage your risk, and stay safe.
Thanks for hitting the like button!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Please not that my bias for the market is overall bullish. However, shakeouts are a part of the game. I have taken a small short position as a hedge with limited risk. Please follow your own plan. I am only sharing my view of the market.
Resistance: $216
Support: $180, $146.5, $103, $90
This trade idea is not financial advice. I am not a financial advisor of any kind.
Please do your own analysis, responsibly manage your risk, and stay safe.
Thanks for hitting the like button!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Do you like my analysis? Do you want to stop paying for stop losses and make money? Come trade with me in my private Discord group with this link discord.gg/q5Q7GzVD3h - Send me a DM to start.
