Suggested Trading Strategy
⚠️ Short-Term (1–7 days)
Avoid long entries unless a strong reversal signal appears (e.g., bullish engulfing candle, MACD crossover, RSI divergence).
Watch for a breakdown below 0.022 — if it happens with volume, expect a continuation of the downtrend.
📈 Medium-Term (1–4 weeks)
Look for a double-bottom or consolidation pattern at current levels.
A bounce from 0.022 with increasing volume may offer a good risk-reward setup.
Target Range: 0.035–0.045 for take-profit if reversal happens.
🪙 DCA Opportunity?
If this is a project you believe in long-term, Dollar-Cost Averaging (DCA) near support could be an approach — but be cautious given the steep decline.
🕰️ Success Trading Schedule
TimeframeActionIndicator(s) to WatchDailyMonitor for consolidation / support holdVolume, RSI, MACD4HLook for reversal candlestick patternsBollinger Bands, TrendlinesWeeklyReassess based on project/news sentimentMarket cap, SOL trend correlation
✅ Summary
Trend: Bearish.
Next Moves: Wait for signs of bottoming or trend reversal.
Best Trade: High risk/reward entry only on bounce confirmation with tight stop loss under support (~0.021).
If you’d like, I can overlay technical indicators (RSI, MACD, trendlines) or help develop a backtestable strategy. Would you like that?
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