SOL/USDT Trading Update: Profit Booked! ✅
Market Analysis & Strategy:
$SOL
I accumulated Solana $SOL in the range of $77 - $79 and seeing the bullish momentum in the market hit my target at $88.28! 🎯
Key Observations from my Chart:
RSI Check: RSI 71.41 was touching, which is a clear "Overbought" signal. The principle of professional trading is to pocket your profit when everyone is greedy.
Price Action: The market showed a slight rejection from the resistance at $88.60, so taking a Partial Exit was the safest move.
My Current Move:
💰 Net Profit: ~14% Gain! $SOL
📉 Next Plan: Now I am waiting for the market to cool down a bit. My next buy zone will be between $85.50 - $86.00.
Tip for Beginners:
Always divide your capital and trade (DCA strategy). This reduces your risk and increases the chances of profit!
#solana #cryptotrading #BinanceSquare #ProfitBooking #TechnicalAnalysis #sol
