SOL: Summary of the discussion in the Bidaoge community (13:00:06 ~ 14:00:06)

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1. The current recommendation is to long on SOL around $129, focusing on whether it can hold above $129. No negative signals such as overextended upward movement or pullback have been mentioned; the strategy is to tentatively establish a position and wait for confirmation. 2. Position and Risk Management Recommendations: Adopt a light position entry strategy, controlling the position size to 3% and leverage not exceeding 5 times. Set a strict stop-loss below $125. Execute the first profit target in stages: Take profit at the first target of 50%, then set a break-even stop-loss, and wait for the second target of 30%, and the third target of 20%. Maintain a 2:1 profit-to-loss ratio, with a win rate of approximately 60%. 3. Suitable for Trading Styles: This strategy is suitable for conservative short-term trading, emphasizing risk management first and profit second, with strict stop-loss orders and quick entry and exit, avoiding prolonged positions. The strategy relies on price stabilizing at key levels, without clear catalysts, and is suitable for trend long positions after confirmation.

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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