Many traders get too caught up in*short-term price fluctuations, ignoring the more important long-term trends that often bring greater profits.
Currently, the market is in an uptrend (prices are rising) since August.
As for #SOL, after reaching its ATH at $260, the price experienced a correction (a drop), but it has since stabilized in the support zone at $205 - $178. Support levels like these are where buyers usually step in, halting the decline and showing strong interest in the asset. 💎
For me, these price movements are neither unusual nor concerning. I plan to accumulate Solana on spot in the range of $180 - $156, as I’ve set ambitious targets of $300 - $400.
For spot, futures, or swing positions, here’s how I would consider entering: - EP (Entry Points): $192, $185, $178 - TP (Take Profits): $300, $350, $402 - SL (Stop Loss): $154.31 (for spot positions, I don’t use stop losses).
But remember, what you do is entirely up to you! Trade wisely, stay disciplined, and always do your own research. 💖
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