Recently, a descending channel for SOL has formed. Where do we go from here! 😭

The price is in a descending channel, currently oscillating near the lower boundary of the channel, at a price of 143.44.

Overall, it is in a downtrend, facing significant selling pressure at the resistance level of 187.71 when the price rebounds.

MACD: The fast and slow lines are below the zero axis and have formed a death cross, with the green bars increasing, indicating strengthened bearish momentum.

BOLL: The current price is close to the lower boundary of the Bollinger Bands, and after a contraction in volatility, a breakout may be forthcoming.

Short stop loss point: 151.5 (this is the key pressure level for breaking the descending channel, confirming the continuation of the rebound trend, no need to continue shorting)

The market is currently in a sluggish state, but the altcoin season has yet to arrive. Everyone should still manage their positions with stop loss points; surviving in the market makes you a winner! $SOL #solana #币安Alpha上新 $BTC