SOL recent trading strategy optimization market background
After a sharp drop on Monday, SOL made some progress in the rebound, but under the influence of the BTC market, the rebound momentum was blocked and failed to break through the weak pressure of 143 points above 140. At present, SOL fluctuates slightly in the 137.85-139.25 area. If the price falls below 136.50, it may continue to decline and test the support near 122 below.
Short strategy
Initial short position opening:
Open a position in the 137.85-139.25 area, with a first position short position of 6%.
Covering position point:
139.75: Covering 1.5%142.50: Covering 2%143.25: Covering 3%
Stop profit strategy:
Batch stop profit points: 133.85, 128.85
If the cover point is not reached, it will not be covered. This is the most suitable position for short-term cover.
Long Strategy
At present, the low-long opportunity needs to wait for further decline, and the more suitable long range is 122-118.
The following is a specific long strategy:
Low-long opening conditions:
SOL has only initially stabilized at 132 points, but has not been able to stand above 140. The short force is strong and may fall below 130 again. Therefore, the profit space for low-long above 135 is limited, and the stop loss risk is large.
More ideal long conditions:
When the price rushes to the 143-147 range and falls back, the 137-132 range will become the new support bottom. In this case, the rebound profit of the low-long opening can reach more than 10 points, and the stop loss risk is small.
The current strategy focuses on short-term shorting, and the specific opening and covering positions must be strictly implemented. Long opportunities need to wait for the market to further explore to reduce risks and ensure higher profit margins. Pay close attention to the market dynamics of SOL and adjust strategies in time to cope with market changes.
