Solana 30-Day Breakout

Thesis

Buys SOL after it exceeds its 30-day high, aiming to profit as the upward move continues.

Strategy

• Entry: Checks every minute and opens one SOL long when its live price exceeds the highest price of the previous 30 completed UTC days. • Size: Uses the allocated USDC for one SOL position, sized within the buy price limit and raised to Hyperliquid's minimum when needed. • Exit: Holds the SOL long until stopped, with no automatic stop-loss or profit target.

Exposure

• Holds: SOL long and USDC — A SOL perpetual long backed by allocated USDC collateral. • Venue: Hyperliquid — Allocated USDC collateral sits on HyperCore. • Leverage: About 1x — SOL exposure is sized from allocated USDC, subject to Hyperliquid's minimum order size. • Costs: Fees and funding — Pays Hyperliquid trading fees and pays or receives ongoing funding. • Data: Circuit — Supplies SOL daily highs, live prices and market details. • On unwind: USDC on HyperCore — Closes the SOL long and leaves the remaining USDC.