Solana is still looking strong and is moving as predicted in previous post concurrent with BTC, currently btc is range bound between 70900 and 71300, because of btc dominance most coins are following the same trend. if you look at the charts i have lined out possible playouts if BTC does pullback to retest previous resistances, currently the market is bullish and we are expecting rate cuts tomorrow so things may get super bullish, keep an eye out for U.S inflation news.
if BTC does pull back to 69800, possible solana entries for long are either 169 to 170 where i expect a bounce and continuation to high 170s and possibly 180.
off topic " People keep commenting and asking why i would state the obvious like pullbacks and etc , well just to keep it simple, most people go into trades trusting these posts 100% and dont think of downside, i try and keep everyone grounded and make sure they know the risks and help them to ensure they take profits and not expect miracles, this is not the lottery if you can secure a 5 to 10 % daily within a month you will have alot more money to trade with. dont use high leverage Alt coins 5 to 15 max and btc 10x max this will ensure that your liquidation level is manageable and you can also use trailing stop loss 3 to 6 % lag to ensure if the market continues higher you dont lose out.
i always say it control your leverage and manage your risk.
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Happy Hunting !
BTC and solana charts respectively
hypathetical playouts.
