🚀 **#TradeOfTheWeek**: Crushed it with **
$SOL ** (Solana) – my top performer this week! Here’s the play-by-play:
**📈 The Trade**
- **Entry**: $24.50 (Monday)
- **Exit**: $29.80 (Friday)
- **Hold Time**: 4 days
- **Gain**: ~21.6%
- **Catalyst**: Breakout above key resistance at $25 + bullish MACD crossover on the daily chart.
**💡 The Why**
- **Technical Setup**: SOL held the $23.50 support (a level it defended 3x in October).
- **News Boost**: Solana’s partnership with Visa for stablecoin settlements went viral.
- **Sentiment Shift**: Funding rates flipped positive after weeks of negativity (shorts got squeezed!).
- **Exit Strategy**: Took profits near $30 (psychological resistance + 2023 highs).
- **Risk Management**: Stop-loss set at $22.90 (6% below entry).
**📉 The Lesson**
Momentum + macro narratives = rocket fuel. Let winners ride, but *always* trim into strength. Took 60% off at $29 and let the rest run.
**🔍 On-Chain Intel**
- **Exchange Net Flow**: -12K SOL during the pump (supply shock incoming?).
- **Active Addresses**: Surged 40% post-announcement (network activity = bullish conviction).
[Chart screenshot: Textbook breakout + volume confirming the move!]
**🗣️ Engagement Prompt**: *“Hold through $30 or secure profits? What’s your take on SOL’s rally?”* 👇
#TradeOfTheWeek #TradingSignals #NewsTrade #TradeLessons #StrategyTrade $SOL