Here's the SOL pending order situation — I bought 0.312 units at 136 USDT per unit, investing 42.432 USDT total, plus 0.000234 SOL in fees (approximately 0.0319 USDT), bringing my actual cost to roughly 42.4639 USDT. Then I immediately placed a sell order for 0.311 units at 135.94 USDT, receiving 42.27734 USDT, minus 0.031708 USDT in fees, netting about 42.2456 USDT.
Adding this up, I'm showing a floating loss of 0.2183 USDT on the buy-sell spread. To break even, SOL needs to rally to 136.74 USDT or higher.
Looking at the order book, there's exceptionally dense bids concentrated between 136.07 and 136.13, while the asking side is stacking up progressively starting from 136.14, creating a generally weakish selling pressure. The short-term price range is actually quite limited. From a depth perspective, the buying support is slightly stronger than the selling pressure, but the price is just hovering around my entry point, and the execution efficiency isn't ideal.
If there's no obvious upside breakout in the near term, I could consider adjusting my orders — moving the buy price down or raising the sell price up to increase the probability of breaking even. While this current strategy is conservative and suits range-bound markets, it might not pack enough punch if I'm looking for quick profit-taking.
Here's the SOL pending order situation — I bought 0.312 units at 136 USDT per unit, investing 42.432 USDT total, plus 0.000234 SOL in fees (approximately 0.0319 USDT), bringing my actual cost to roughly 42.4639 USDT. Then I immediately placed a sell order for 0.311 units at 135.94 USDT, receiving 42.27734 USDT, minus 0.031708 USDT in fees, netting about 42.2456 USDT.
Adding this up, I'm showing a floating loss of 0.2183 USDT on the buy-sell spread. To break even, SOL needs to rally to 136.74 USDT or higher.
Looking at the order book, there's exceptionally dense bids concentrated between 136.07 and 136.13, while the asking side is stacking up progressively starting from 136.14, creating a generally weakish selling pressure. The short-term price range is actually quite limited. From a depth perspective, the buying support is slightly stronger than the selling pressure, but the price is just hovering around my entry point, and the execution efficiency isn't ideal.
If there's no obvious upside breakout in the near term, I could consider adjusting my orders — moving the buy price down or raising the sell price up to increase the probability of breaking even. While this current strategy is conservative and suits range-bound markets, it might not pack enough punch if I'm looking for quick profit-taking.