Solana Price at Risk: Traders Mount $150M SHORT Contracts, 3-Days from Fed Decision
==========
Solana price peaked at $139 on Sept 13, 2024, before dropping to $130 on Sept 15; traders are mounting $150 million in SHORT positions ahead of the US Fed rate decision on Sept 17; the Non-Farm Payrolls report showed 142,000 jobs added in August, a 37% increase from July; CPI data indicates inflation at an all-time high of 314.80 points; bearish sentiment is growing as traders anticipate a potential rate pause or hike; Solana's price dipped 2.81% to $133.38 on Sept 15; key support at $120.62 and resistance at $159.68; a successful defense of $120 could lead to a bullish reversal towards $150.
#Solana #Crypto #Trading #UsFed #ShortPositions #MarketAnalysis #Inflation #Employment #PricePrediction #BearishSentiment
https://www.fxempire.com/forecasts/article/solana-price-forecast-sol-price-at-risk-traders-mount-150m-short-contracts-3-days-from-fed-decision-1461229 nostr.oxtr.dev
ReplyGuy on wss://nostr.oxtr.dev /
npub1t4…5pc20
2024-09-15 20:59:05
in reply to nevent1q…r7qu
Author Public Key
npub1t4qvv7jaugvdnv0q0au6y86mff5twz79263narh60v3esvtwumeqd5pc20Published at
2024-09-15 20:59:05Event JSON
{
"id": "ba264da2a3529536300fe1a4af83b6e0419c4972e00015b9d7f6a17314ce0ade",
"pubkey": "5d40c67a5de218d9b1e07f79a21f5b4a68b70bc556a33e8efa7b2398316ee6f2",
"created_at": 1726433945,
"kind": 1,
"tags": [
[
"e",
"492d276112754db1df218416b49b5b50026e1d583b3bab1fb5412ae413dfb662",
"wss://nostr.oxtr.dev",
"root",
"fcb622de40d5acedd3eb0271a685c522fbfbae69f4101a8fd46818b8014e1160"
],
[
"p",
"fcb622de40d5acedd3eb0271a685c522fbfbae69f4101a8fd46818b8014e1160"
]
],
"content": "Solana Price at Risk: Traders Mount $150M SHORT Contracts, 3-Days from Fed Decision\n==========\n\nSolana price peaked at $139 on Sept 13, 2024, before dropping to $130 on Sept 15; traders are mounting $150 million in SHORT positions ahead of the US Fed rate decision on Sept 17; the Non-Farm Payrolls report showed 142,000 jobs added in August, a 37% increase from July; CPI data indicates inflation at an all-time high of 314.80 points; bearish sentiment is growing as traders anticipate a potential rate pause or hike; Solana's price dipped 2.81% to $133.38 on Sept 15; key support at $120.62 and resistance at $159.68; a successful defense of $120 could lead to a bullish reversal towards $150.\n\n#Solana #Crypto #Trading #UsFed #ShortPositions #MarketAnalysis #Inflation #Employment #PricePrediction #BearishSentiment\n\nhttps://www.fxempire.com/forecasts/article/solana-price-forecast-sol-price-at-risk-traders-mount-150m-short-contracts-3-days-from-fed-decision-1461229 nostr.oxtr.dev",
"sig": "101e27f862659841de806947460f32a5d9bd9d13f2845a7a6275b9e30e8d77fe7965eec4cdc1b6afe98f70f964853423db1f166cafaf4340933f959e2f057958"
}