UVXY close 1 contract of UVXY $3.50 Call 6/2 has been filled for an average price of $10.00 per contract. Closed with one week left on contract at $8 loss because market is strong today. May reopen later as a hedge if things change
UNG long again.the bounce from a critical support area and gap fill makes a nice setup. The momentum should carry the price back to $8 resistance, which will be profit taking. If that breaks then $8.6 to $8.8 will be the fib target area. stop loss is set below last low, if that breaks then gas price will dump into the abyss.
APEUSD I'm bullish on APE as long as BTC shows us the way. I can see this hitting $8 + in the next 3 months here. DCA between $4.80 - $5.50 and you're set
All eyes on Solana right now. After bottoming around $8 due to the FTX catastrophe, Solana has ripped back to ~$23. Fundamentally, I do not know what the future holds for Sol/Solana. However, the chart is at a very intriguing level. If the price can manage to break higher from here it looks like it could be breaking out of a year long down trend. The chart has been up only since Jan 1, so a pullback would not be surprising.
Keep an eye on this. The potential for outsized returns could be possible if BTC manages to hold and Solana ( the blockchain ) finds a way to survive without SBF and FTX.