$BNB
Solana Trading Strategy
Here's a Solana trading strategy based on the provided information:
Entry Point (EP)
- *Price Range*: $151.80-$151.90
- *Position*: Just above the middle Bollinger Band
Stop Loss (SL)
- *Price*: $150.80
- *Position*: Below the lower Bollinger Band
- *Purpose*: Allows for volatility buffer while cutting losses early
Take Profit Targets
- *TP1*: $152.30 (near the upper Bollinger Band)
- *TP2*: $152.70 (near recent 24-hour high, slightly below to ensure fill)
- *TP3*: $153.00 (psychological resistance and profit max-out point for short scalps)
This strategy seems to be focused on short-term scalping, aiming to capitalize on price movements within a specific range. Keep in mind that trading involves risks, and it's essential to stay informed about market trends and adjust strategies accordingly [No direct reference, general knowledge].
