
                                    <div>
                                      <h3>Market View</h3>
                                      <p>Watching SOL, looking to go long after a pullback</p>
                                      <h3>Trading Strategy</h3>
                                      <p>Closed short, currently 20% spot exposure, focusing on the 140-150 range and considering adding if cascading liquidations occur</p>
                                      <h3>Core Logic</h3>
                                      <p><ol>
    <li>
Potential for cascading liquidations and bid-ask spread dislocation, which often serve as good inflection points for a bounce
    </li>
    <li>
main focus is on the 140-150 area
    </li>
</ol></p>
                                    </div>
                                    

$SOL
Oh well closed the short a tad too early at 168s
Anyway as stated earlier - I've shifted attention to becoming a buyer - currently at 20% spot exposure again having sold mid 180s ten days ago (see timeline)
Wouldnt surprise me to see some cascading liquidations and Bid-Ask spread dislocating - should it happen, they often server as very good inflection points for a mechanical bounce.
Meanwhile 140s - 150s is where my interim focus is - Ill wait for Monday to figure out where we open from.

Signal Square

Rotations rotations rotations
Where am I closing this one?  x.com/trader_xo/stat…

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