Jupiter Launches Dynamic Trailing Stop Loss Feature
- Dynamic Stop Loss Mechanism: Jupiter's newly launched Trailing Stop Loss feature allows traders to set a percentage trail between 0.5% and 90%, automatically adjusting the stop level upward as asset prices rise, thereby protecting profits and reducing the risk of losses during market reversals.
- No Additional Fees: The feature supports all SPL and Token-2022 assets, excluding transfer-fee tokens, with Jupiter confirming that users will not incur extra fees when utilizing this new functionality, enhancing user experience.
- Expansion of Trading Tools: This update not only enhances Jupiter's trading toolkit but also maintains the existing limit order experience, enabling traders to automatically adjust stop losses in rapidly rising markets, thus preventing the common issue of 'roundtripping'.
- Positive Market Response: SolanaFloor highlighted the launch on social media, noting that the feature focuses on profit protection rather than merely limiting downside risk, indicating strong market recognition and anticipation for Jupiter's new tool.
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Technical Analysis for SOL
Technical Sentiment Analysis for Solana (SOL). As of , Solana (SOL) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 4 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SOL stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, SOL is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Solana (SOL) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 44.985 | 54.512 | 64.925 | 74.452 | 84.865 | 94.392 | 104.805 |
| Fibonacci | 54.512 | 62.129 | 66.835 | 74.452 | 82.069 | 86.775 | 94.392 |
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