78.16 this SOL position, I'm still holding a short with a 0.8% floating loss. It pumped from 73.96 to 78.96 in 24 hours, and this 5.49% green candle caught me off guard.


My trading plan: add 0.5 positions short at current price 78.16, total position to 2x, stop loss at 79.30, first take profit at 76.50, second take profit at 74.80. If stopped out, wait for the 79.80-80.20 zone to place another 0.5 positions short for a retest, stop loss at 81.50. No longs for now, unless it pulls back to 75.80 and holds with volume, then consider 1x position long to try, stop loss at 74.80.
Two scenarios predicted: First, a fake breakout to 79-79.30 then a pullback to 76.50. This is the scenario I most hope to see. If volume shrinks from the current 2427M, it indicates weakening momentum for the pump, and the short can be held until reducing near 74.80. Second, continuous capital inflow, SOL consolidates above 78 and then pushes to 80.50. In this case, stop loss discipline must be strictly followed; don't hold stubbornly. The 24h volume is large enough, indicating intense battle, so watch out for a short squeeze.
The key for this move is 78.50-79.00: if it breaks and holds, the trend turns bullish; if it fails and falls, it's a second bottom test. Currently, SOL is the only losing asset in my account; all other coins are in profit range, so I can keep my mindset stable. If you copy my trades, don't learn my top-picking approach; it's safer to wait for confirmation signals on the right side.
Results will be updated in the comments.
SOL8.26%
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