Technical Analysis of Solana $SOL and Trading Strategy
Key Levels:
Support: 125.00
Resistance: 135.00
Trading Strategy to Maximize Profits:
Buy: Entry at 125, near the key support.
Partial Sale: Take profits at 135, where the first resistance is located.
Final Sale: If the price extends upward, a final sell target could be set between 140-145.
Stop-Loss: Set a stop-loss at 120, to limit losses in case of a support break.
Risk per Trade: Approximately 4% of the invested capital.
Potential Profit: Between 8%-16%, depending on how the price develops towards the established targets.
Summary and Recommendations:
Buy around 125, looking for a rebound at support.
Sell partially at 135, taking profits upon reaching the first resistance.
Adjust the stop-loss as the price rises, protecting profits.
The potential profit is in the range of 8%-16%.
This strategy is designed to take advantage of short-term movements, minimizing risk and maximizing profitability.
buy here $SOL
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