SOL Evening Analysis
The current price of SOL is 137, showing a short-term pullback trend. The price has fallen from a high of 143, touching a low of 128, and is currently in a slight rebound with a narrowing channel width. The price is currently operating below the middle track, indicating that the short-term trend is still dominated by bears.
Indicators are hovering at high levels, showing strong current rebound momentum, but it also implies a significant short-term pullback risk. If the KDJ forms a death cross at a high level and moves downward, it will increase the risk of price retreat.
Operation Suggestions
If the price breaks through and stabilizes above 133, a short-term long position can be taken, targeting 139, with a stop loss set below 130.
If the price is repeatedly blocked near 133, consider a light short position, targeting directly at 127, with a stop loss set above 135 $SOL
