Solana continues its downward trend with a 5.32% drop in the last 24 hours, positioning at $83.88. As I anticipated in my previous technical analysis, this downward movement was predictable based on chart patterns and technical concepts I shared. The price is weak and vulnerable, creating uncertainty in the short term.
The technical analysis anticipated this drop
Based on the chart and technical analysis I published earlier, indicators clearly pointed toward a bearish scenario. The break of key support levels confirmed underlying weakness. Although the price continues to fall, this situation also presents opportunities for patient investors who understand the importance of timing and discipline.
DCA strategy to take advantage of this correction
My current approach is to implement a Dollar Cost Averaging (DCA) strategy by gradually buying in areas of historical reaction. This means injecting small amounts of capital at different support levels, rather than making a large purchase at a single point. If the plan unfolds as expected, I plan to take partial profits as the price recovers each important resistance level. This methodology helps optimize the average entry cost and reduce emotional volatility.
Diversification: The key to risk mitigation
It’s essential to remember not to concentrate your entire portfolio in a single asset, especially not in Solana. Diversification across different coins and sectors is crucial to protect your capital. Additionally, avoid investing equal amounts at multiple levels simultaneously. Since the price is weak, the strategy should be conservative: proceed gradually, stay patient, and never risk more than you can afford to lose. Discipline today determines the results tomorrow.
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SOL falling: Buying strategy in zones of historical reaction
Solana continues its downward trend with a 5.32% drop in the last 24 hours, positioning at $83.88. As I anticipated in my previous technical analysis, this downward movement was predictable based on chart patterns and technical concepts I shared. The price is weak and vulnerable, creating uncertainty in the short term.
The technical analysis anticipated this drop
Based on the chart and technical analysis I published earlier, indicators clearly pointed toward a bearish scenario. The break of key support levels confirmed underlying weakness. Although the price continues to fall, this situation also presents opportunities for patient investors who understand the importance of timing and discipline.
DCA strategy to take advantage of this correction
My current approach is to implement a Dollar Cost Averaging (DCA) strategy by gradually buying in areas of historical reaction. This means injecting small amounts of capital at different support levels, rather than making a large purchase at a single point. If the plan unfolds as expected, I plan to take partial profits as the price recovers each important resistance level. This methodology helps optimize the average entry cost and reduce emotional volatility.
Diversification: The key to risk mitigation
It’s essential to remember not to concentrate your entire portfolio in a single asset, especially not in Solana. Diversification across different coins and sectors is crucial to protect your capital. Additionally, avoid investing equal amounts at multiple levels simultaneously. Since the price is weak, the strategy should be conservative: proceed gradually, stay patient, and never risk more than you can afford to lose. Discipline today determines the results tomorrow.