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PERPS ARE VERY RISKY
DO NOT DO IT unless you know what you are doing
Disclaimer: The information provided in this trade alert is for educational and entertainment purposes only and should not be considered as financial advice. The author is not a financial advisor and is only sharing their personal trading activities in full transparency. The opinions expressed in this alert are the author's own and do not reflect the views of any other individual or organization. Investing in cryptocurrencies and other financial instruments involves a high degree of risk, and you should not invest money that you cannot afford to lose. Always do your own research and consult with a licensed financial advisor before making any investment decisions. The author is not responsible for any losses or damages resulting from the use of the information provided in this alert.
TRADED HERE https://jup.ag/perps
My strategy has been to reenter my Solana perpetual contract. My entry point was set at $146 flat, and I have now executed the trade at $146, which is right at the 200-day moving average, potentially serving as strong support.
Ive been waiting for this for a month now. Same plan. I stick with it. Removes emotions.
As per my usual approach, I am utilizing 3.3x leverage, with a liquidation price set at $98.
This position represents less than 1% of my total SOL holdings. I plan to enter another long position if the price retraces to the $130 range.
Also confirmed by PTOS - Trend has not flipped but it will shortly, I wanted to get in at 146 while I could
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