Solana
Long

Short term swings on SOL

From a retail perspective, shopping around the current price of SOL is still way too high for me. I'm waiting for some support ranges to swing trades in the next couple of weeks.

Support range: $85.62 and $65

Margin/Risk: 1.5% of the portfolio

My plan this weekend is to wait and chill until it hits these supports and wait until the RSI reset. If it hits lower than those support ranges mentioned above, a 50% retracement from the current higher high (aka $120) is a bonus for me.

Disclaimer: NFA. Let's wait and see!
Trend Analysis

Disclaimer