SOL hangs at 149.3! A 90% drop in trading volume indicates a bloody battle tonight
In the last hour, SOL's price has taken a 'roller coaster' ride.
It surged previously but couldn't hold and turned down sharply.
Now the key position is stuck here: around $149.35.
Golden operation to break free from losses:
'What to do if you're stuck?' Look at $149.35!
If the price can stabilize around $149.35 without breaking down, and trading volume starts to pick up, there is a high probability of a rebound.
This is your opportunity to consider averaging down to lower costs or waiting for a rebound to reduce losses and exit.
For example: Suppose you bought in around $156 and are now stuck. If the price drops to $149.35 and stops falling, and the trading volume increases, the price could slowly climb back to $152, $153, or even higher. At this point:
You can choose to add some positions at the low, and when it rebounds to around $156, you can sell the added positions for a profit;
Or you can patiently wait for the price to rebound to your cost area to reduce your position or exit directly, minimizing losses.
Must be vigilant: If the 'floor' at $149.35 cannot be held and effectively breaks down, it is likely to continue searching for support below. At this point, set a stop-loss for the stuck positions, decisively cut losses, and prioritize your safety, don’t resist stubbornly!
As the market continues to change, we must closely monitor market signals and seize new entry opportunities. Like and comment, let’s navigate the bull market together and seize this major opportunity!
