Solana Retracement Trade Update (1 Hour TF)

In our previous publish, we are still long on Solana. However, charts are all about retracements. Looks like a potential Double Top has formed. Looking for a retracement toward the previous low up to 50% which would be around $177. Having been in this are 4 times throughout the month. I want to see if we can reach this price during this current retracement phase. We are losing momentum on the current uptrend (green shifting to purple) on the mac d focusing on the 1 hour and the 4 hour. My stop loss is $189.22. I know it's not the best risk management. However, I like to set my stop losses at previous high's or low's to stay true to the chart.

Not advice!

"It's not about being right more than it is about being smarter than your last trade!"