$SOL Operating Suggestions
1. Conservative Buy Strategy: Wait for a pullback to the support range (165-170) below.
Aggressive: If the price stabilizes at 180 with increased trading volume, you can take a small position aiming for 200. Stop loss at 175.
2. Sell Strategy (specifically for my position around 153)
Short-term target: First take profit point: 285-190 (close to previous high and RSI may enter overbought territory).
Second take profit point: 200 (psychological level, favorable ETF potential position).
Dynamic stop loss: If the price drops below 175 and MACD turns negative, it is recommended to take partial profits to lock in gains.
3. Position Management: Considering the current profit margin, you may sell in batches, do not sell everything at once.
Take profit on 30% of the position at 185, and observe the remaining 70% for the breakthrough at 200; if it encounters resistance, close all positions.
Risk Control: Position limit: No single trade should exceed 5% of total capital to avoid volatility risk from ETF approval results not meeting expectations.
Current price is suitable for partial profit taking; if you are optimistic about long-term ETF benefits, you may retain part of the position: New positions need to wait for a pullback or confirmation of breakout signals. During increased market volatility, it is recommended to prioritize executing stop loss discipline.
I am a conservative trader.
1. Conservative Buy Strategy: Wait for a pullback to the support range (165-170) below.
Aggressive: If the price stabilizes at 180 with increased trading volume, you can take a small position aiming for 200. Stop loss at 175.
2. Sell Strategy (specifically for my position around 153)
Short-term target: First take profit point: 285-190 (close to previous high and RSI may enter overbought territory).
Second take profit point: 200 (psychological level, favorable ETF potential position).
Dynamic stop loss: If the price drops below 175 and MACD turns negative, it is recommended to take partial profits to lock in gains.
3. Position Management: Considering the current profit margin, you may sell in batches, do not sell everything at once.
Take profit on 30% of the position at 185, and observe the remaining 70% for the breakthrough at 200; if it encounters resistance, close all positions.
Risk Control: Position limit: No single trade should exceed 5% of total capital to avoid volatility risk from ETF approval results not meeting expectations.
Current price is suitable for partial profit taking; if you are optimistic about long-term ETF benefits, you may retain part of the position: New positions need to wait for a pullback or confirmation of breakout signals. During increased market volatility, it is recommended to prioritize executing stop loss discipline.
I am a conservative trader.
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SOL
161.32
-1.67%