$SOL /USDT Pair Trading Management Update - Bullish Traders in Control, and the Stop Loss Level Approaches Breakeven!
Our long position on the USDT pair has seen a significant rise, and it is now approaching a risk-to-reward ratio of 1:1. According to our strict risk management strategy, we are trailing the stop loss level close to the entry point to protect our capital and avoid unnecessary risks.
Trading Update:
• Entry Price: Approximately $168.00
• Take Profit Price: $172.18
• Initial Stop Loss Level: $167.29
• New Trailing Stop Loss Level: Approximately $168.50 (near the entry zone)
Forecast: The momentum remains bullish as the price attempts to break through the resistance level. If this momentum continues, the stop loss level will remain within its target range. With the stop loss level now at breakeven, this is a risk-free trade.
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