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Is Solana a Good Investment?
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Are you smarter, or are you the market maker??
A question to think about and a topic for discussion
If you think he’ll let you predict his move, you’re being foolish
If it goes up, it’ll surprise you, and if it goes down, it’ll wreck you. Don’t worry, it won’t give you a chance to think
A strict stop-loss, whether you like it or not, so you don’t come back crying$BTC $ETH $SOL
BTC
+0.10%
ETH
+0.24%
SOL
+1.29%
CryptoForestKai
2026-08-23 11:38
I had just switched the app to the background when it suddenly shot up—is it playing hide-and-seek with me? Everyone was looking listless while it was grinding out a bottom intraday, but I have this habit: the quieter it gets, the more I like to watch. Seeing the buy orders grow stronger wave after wave, while the pullbacks held above the key level, I decisively placed an order and bought one lot. Those already on board must be waking up laughing, right? From 0.08436 to 0.10321, +1584.92% secured—the momentum couldn’t be better. I didn’t get greedy either: I took 80% off the table first, moved the stop-loss on the remaining 20% to the entry price, and let it fly on its own. If it flies away, I won’t feel bad. The market is won by waiting, and profits are made by holding—those words proved true today. For those who haven’t boarded yet, take my advice: now is not the time to rush in; chasing orders makes it easy to buy the top. Move when the next signal appears—wait for the next shot.
$SOL $ETH
612Ceros
2026-08-23 11:34
SOL 94.42 short order placed, but with a 55% win rate, would you dare follow?
$SOL /USDT - SHORT
Trading plan:
Entry: 94.06 – 94.78
SL: 97.83
TP1: 91.86
TP2: 90.16
TP3: 87.60
Why pay attention to this setup?
- The 1D trend is ranging, while the 4H timeframe shows a SHORT signal. The direction is clear, but confidence is only 55.4, making this a “take it or leave it” setup.
- The 15M RSI is at 66.58, close to overbought. A short-term pullback is likely, making this an ideal entry window.
- Key levels: With the current price around 94.42, the downside to TP1 at 91.86 is 2.7%, while the SL at 97.83 gives a risk-reward ratio of 1:2.3, barely acceptable.
- Why now? Because the upper boundary of the 1D range has not been broken, and a bearish pullback is highly likely. Waiting for RSI to break above 70 before entering would be too late.
Discussion:
Will this move hit TP1 first, or go straight to sweep the SL and exit?