#SOLUSDT #1h (OKX Futures) Ascending broadening wedge breakdown

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Solana lost 50MA on hourly TF, retracement down to 200MA support seems in place, let's hedge short.

⚡️⚡️ #SOL/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (6.0X)
Amount: 4.8%

Current Price:
157.06

Entry Targets:
1) 158.69

Take-Profit Targets:
1) 147.63

Stop Targets:
1) 164.23

Published By: @Zblaba

SOL SOLUSDT.P #1h #Solana #PoS solana.com

Risk/Reward= 1:2.0
Expected Profit= +41.8%
Possible Loss= -20.9%
Estimated Gaintime= 2-3 days

١٨ يوليو ٢٠٢٤

تم فتح الصفقة

SOLUSDT.P All entry targets achieved
Average Entry Price: 158.69 💵

SOL regained 50MA support after all, local bearish scenario could be invalidated soon, we'll stick to the plan though.

١٩ يوليو ٢٠٢٤

أغلقت الصفقة: تم الوصول لوقف الخسارة

SOLUSDT.P Stop Target Hit ⛔️
Loss: 20.9465% 📉

SOL pushed higher and stopped us out.