#SOL/USDT 1h (OKX Futures) Rising wedge breakdown and retest
Updated
Solana lost 50MA and is pulling back to that resistance, seems likely to head towards 200MA support next.
⚡️⚡️ #SOL/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 4.8%
Current Price:
99.17
Entry Targets:
1) 101.77
Take-Profit Targets:
1) 93.28
Stop Targets:
1) 106.02
Published By: @Zblaba
SOL 
SOLUSDT.P #Solana #SPL #PoS #L1 solana.com
Risk/Reward= 1:2.0
Expected Profit= +41.7%
Possible Loss= -20.9%
Estimated Gaintime= 2-4 days
⚡️⚡️ #SOL/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 4.8%
Current Price:
99.17
Entry Targets:
1) 101.77
Take-Profit Targets:
1) 93.28
Stop Targets:
1) 106.02
Published By: @Zblaba
SOL SOLUSDT.P #Solana #SPL #PoS #L1 solana.comRisk/Reward= 1:2.0
Expected Profit= +41.7%
Possible Loss= -20.9%
Estimated Gaintime= 2-4 days
Note
What a bumpy road, now back to entry, good thing we took profit on time!Note
SOL set-up played out twice in a row, what a killer trade, congrats to all shorters!
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