Trading idea number C-004 | Solana could raise to 26,500 USD area.
The RSI and MACD are positive and below its signal line. Therefore, the price may still retrace. In addition, the price is trading below the 20-period moving average but above the 50-period moving average, which should act as short-term support.
📈 Long Entry at 21.58
💰 Take Profit at 22.6
💸 Stop Loss at 21.10
The RSI and MACD are positive and below its signal line. Therefore, the price may still retrace. In addition, the price is trading below the 20-period moving average but above the 50-period moving average, which should act as short-term support.
📈 Long Entry at 21.58
💰 Take Profit at 22.6
💸 Stop Loss at 21.10
Trade closed: stop reached:
-2.22%