Hadi

01/26 03:49

Analyzing the 4-hour chart, NuriGG identified a cl

Analyzing the 4-hour chart, NuriGG identified a clear ascending channel pattern, indicating bullish momentum for Solana. With an entry price of $230, the analyst has set a stop-loss at $216.15 to mitigate downside risks. At the same time, he is targeting a potential profit of 28.49% at $294.25.

At the target level, the trade could yield a profit of approximately $2,269.46, based on a position of 19.455 SOL tokens. Conversely, at the stop-loss level, the trader looks at potential losses of $750. Notably, this trader committed around $6,535 to the trade.
Considering that Solana has already surged to $240 since NuriGG opened the position, the trade is currently profitable. It has an unrealized gain of around $252 as the market price has moved favorably since the entry.

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