Over the past few days, I’ve actively engaged in spot trading on Binance, focusing on short-term profit opportunities in selected altcoins. Here’s a complete update of my current trades, closed positions, and technical/fundamental insights.
1. #WIF
Buy Price: $0.371
Sell Price: $0.550
Investment: $10
Profit: ~$4.82
Return: ~48%
Summary: This trade was a success. WIF performed strongly amidst meme coin hype, hitting the target quickly. Entry was well-timed around a support level, and resistance at $0.55 got tested and respected.
2. #TIA
Buy Price: $2.480
Current Price: ~$2.598
Sell Target: $3.00
Investment: ~$19.99
Unrealized Profit: ~$4.75 (as of now)
Technical Analysis: TIA is consolidating within a bullish pennant pattern. A breakout above $2.65 can send it quickly towards the $3 mark. Volume has been picking up, indicating a potential upward move within 24–48 hours.
3. #SEI
Buy Price: $0.1687
Sell Target: $0.220
Current Price: ~$0.213
Investment: $10
Status: Nearing target zone
Update: SEI is performing well and has shown strong bullish momentum. It’s nearing the take-profit zone and could hit $0.22 soon if BTC stays stable.
4. #SOL
Buy Price: $131.00
Sell Target: $137.00
Current Price: ~$135.80
Investment: $24
Unrealized Profit: Small (~$1.40), almost at TP
Insight: SOL is in a strong uptrend. Breaking $137 with volume may push it towards $140+. FTX wallet activity and ecosystem updates remain key for mid-term moves.
5. #JUP
Buy Price: [Pending update — please confirm if it was around $0.89]
Current Price: ~$0.91
Sell Target: TBD
Investment: $10 (assumed)
Status: Small profit showing
Note: JUP has had decent volume. Price action is steady with support at $0.87. If BTC remains stable, breakout to $0.95+ is possible.
Total Active Investment: ~$64
Closed Profit (Realized): ~$4.82 (WIF)
Unrealized Gains: ~$10+ (TIA, SOL, SEI combined as of current prices)
Market Sentiment:
Bitcoin dominance is high, but altcoins are starting to show signs of independent movement. With BTC stabilizing, short-term trades in selected altcoins can yield quick profits. Volatility remains, so tight stop losses are recommended.