$SOL Discussing how the orders go in the early morning

Friends who paid attention in the afternoon should have noticed that our short position had a slight dip and was withdrawn before any significant drop occurred, as there was not much of a pattern to follow. At that time, the existing understanding indeed did not indicate any signs of a sharp decline, and this is something we must acknowledge.

Then we hit our second take-profit level at 210. For our previous positions, the second target was 209, as this area is a special position at the Fibonacci extension of 1.618. So, taking this into account, there is some resistance at this level, which could lead to a drop. Therefore, we decided to chase the short position here. However, the current market is quite erratic. Based on my review, this wave is very likely to be a panic sell-off; it might just be the beginning and not the end. We cannot guarantee that there will be violent market movements at 5 AM or 7 AM. Hence, we will exit the danger zone with this position.

I suggest going long between 172-176.

Set the initial target at 188~191, and then the next target will be above 201.

I will consider adding to the position, and I will also post it in the comments section at the first opportunity. Brothers who agree can start placing orders now.