"Whale Action on Solana! ๐ฐ What's Your Move?"
๐จ Latest Update:
Whale with address HHqC...y8Aqu just sold 25,000 SOL he bought at $169.6, pocketing a profit of $313,000! But wait... He still holds 25,000 SOL with an unrealized profit of around $310,000.
๐ก Market Facts:
Current SOL price: $185.09 (-5.98% in 24 hours).
Potential support: $175โ$180.
Next resistance: $200โ$210.
MACD indicator shows bullish momentum starting to form!
Scalping Trading Scenario ๐
๐ฏ Buy Strategy:
Enter at $177โ$180 (if price touches support area).
Take Profit Target: $187โ$190 (EMA(50) area or intraday resistance).
Stop Loss: $174 to minimize risk.
๐ฏ Sell Strategy:
Enter in the range of $190โ$195 (if the price approaches EMA(100) or strong resistance).
Take Profit Target: $180โ$183.
Stop Loss: $198, if the price breaks through higher resistance.
๐ค What are the Lessons from Whales?
Whales always take advantage of market volatility to take profits without selling all their assets. This is a signal that they still believe in Solana's long-term potential.
What is your strategy? ๐ฌ Let's discuss in the comments column!