SOL hitting 97? Retail traders are chasing long, but I'm waiting for short signals!
On May 2nd, who held their long position from 83 to 97?
For those who sold at 85, are you chasing long again now?
Review:
SOL moved from 83 to 97, first wave fully taken.
But around 97, I issued a direct signal for a short position, stop loss at breakeven, targets at 93.16, 90.56, and 88.72.
Why?
Because trend traders find it hard to 'sit still', and short-term shorts are all about 'daring to go against the market sentiment'.
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Currently, key resistance levels to watch above: !!!
95.95 / 97.74 / 99.27
Once a top formation appears:
Go short, set stop loss 1 point above resistance, calculate your risk-reward ratio: lose 1 to gain 3-5.
Don’t ask if it can hit 90, ask:
If you couldn't hold the long from 83, will you dare to hold the short from 97?
Same position, different fate; this time, are you willing to gamble your fate on it?
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I’m not saying to short blindly; wait for the 'signal pattern' before you act.
Making money is tough, and it’s hard to eat crap; if you want to profit from volatility, don’t be afraid of getting spiked.
#solana 👇
If you dare to short, give a thumbs up and see how many still disagree
$SOL