1. The current recommended direction is to short SOL, with a clear short trading setup provided. There is no mention of overextending the price or tentatively establishing a position, and the overall bias is towards a bearish pullback trend. 2. Position and Risk Management Recommendations: We recommend using 2x to 5x leverage. The initial entry price is $85.4, with additional positions added in batches at $88. A strict stop-loss order should be placed at the $91 area. Profit taking should be implemented in stages: initial take-profit of 20%, second 40%, third 70%, and final take-profit of 90%. 3. Suitable for aggressive short-term trading, emphasizing phased position building and rapid phased profit taking, with strict risk control. It is suitable for quick entry and exit and not for holding positions for too long, reflecting a strong short attitude of "we are the Godzilla of this market 🐲".
SOL: TraderTitan Community Discussion Summary (10:00:09 ~ 11:00:09)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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