SOL Short Trade Idea 16/05/22

Range Trading on SOL, resistance around 37-40 mark.

I have been following SOL and BTC movement, the logic behind here is simple, short at resistance level.

Volumes on weekend are usually lower than weekdays but there are always occasional manipulation. Always put a SL.

Entered Saturday morning AEST

Leverage: 8x
Entry: 37.43
SL: 5%
Result:
Was up 14% at one point however I was out on Saturday night. Ended up the trade with a breakeven (SL was moved to breakeven).