For those who followed me on this trade. I'm short from $34.47. My stop is at my Breakeven now at $34.47. This is now a free trade. We should be starting the iii of 3 down. I believe Solana and the crypto currency market as a whole needs to play catch up with other risk assets. Therefore it would not surprise me if Solana is at new lows by the end of the week.
If you're short from under $34.47 I do not believe price will recover to the $34 level but I'm satisfied with where my stop is so make sure you have some sort of risk management plan. I'm leaving my stop at B/E because I want to give SOL a wide berth as to NOT have my stop triggered.
Best to all,
Chris
If you're short from under $34.47 I do not believe price will recover to the $34 level but I'm satisfied with where my stop is so make sure you have some sort of risk management plan. I'm leaving my stop at B/E because I want to give SOL a wide berth as to NOT have my stop triggered.
Best to all,
Chris
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