๐ฅ Hi friends! A lot of traders already forget about SOLANA at a time when whales acumulate this altcoin.
The price spend almost 2 month in $13-14.5 accumulation range. Adittionally, we see the huge liquidation volume which was "absorbed" by the whales. I think that this is a good chnce for traders to make money on PUMP, when no one wait for it.
๐ THE TRADING PLAN FOR SOLANA: ๐ฅ breakout of the $13-14 accumulation (value) area ๐ฅ test this area as support (white rounds) Usullay this test happen 2 times: right after the breakout and after growth by 10-15% on a pullback ๐ฅ bullish BTC is a must have for any altcoin
๐ฉ I use DOM and Footrpint scalping tools to track the large buy/sell whales orders. These info help me to make the right decisions. DOM and Footprintcan add almost +20-30% to your profitability if you know how yo use it. Personally, I made a lot of articles and videos about it. Enjoy!
โ MY TARGETS FOR SOLANA: 1. $16 - key level 2. $19-20 - the key level local highs and even number
Be careful when Solan comes to the first target. There is a lot of liquidity in this area. Short traders put their stop losses in such places. When liquidity collects above the value area, the price may reverse and go the other way, so pull up your stop losses.
Traders, what is your thought on SOLANA? Are you aready forget about this altcoin? Write about iy in the comments.
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.