$SOL Brothers! SOL has dropped from a high of 210, and is now rebounding to around 195. Are you feeling like 'the bulls are holding on, while the bears are preparing a big move'? Today, I'll teach you how to catch the rhythm of the rebound under pressure and nibble on the main force's retreat!
1. First, lock in the pressure hunting zone
The short-term core pressure is at the 197~199 range:
The previous high of 197.997 is a roadblock, combined with the upper yellow line of the Bollinger Bands acting as resistance. If a 'bulls run out of steam' signal appears here, it’s a golden point for the bears to enter!
2. Wait for bearish signals before making a move
Don’t blindly touch the top! It must be confirmed by both 'candlestick pattern + indicator' to avoid being harvested by false breakouts:
① Candlestick killer pattern:
Bear Engulfing: A large bearish candle directly engulfs the previous bullish candle (for example, if it rebounds to 198 and then closes with a large bearish candle, the bulls are directly buried);
Shooting Star: An exceptionally long upper shadow (like a lightning rod), for instance, at the position of 197, the upper shadow touches 199 and then drops down—indicating that the selling pressure above has exploded!
② Indicator assistance:
Bollinger Bands yellow line pressure: If the price touches the yellow line and then falls back, decisively open a short position;
Coupled with RSI overbought (>70), the signal is stronger!
3. Position control + stop loss, crush the risk!
Stop loss: Don’t hold on to your position! Place the stop loss above 201 (for example, open a short at 198, stop loss at 201)—if it breaks above 200 and holds, it indicates that the bulls are about to reverse, hurry and run, don’t take a big loss!
Take profit: Harvest in stages!
First target: Bollinger Bands middle line (blue line, currently around 190), once reached, reduce your position by 50%, cash in safely;
Second target: Previous low of 183.247 (or Bollinger Bands lower line at 186), hold on to the remaining position and see if the main force will drop the market!
Final warning: Don’t be a 'hard-headed hero'!
If the price falls back directly before reaching 197, it indicates the rebound is too weak, abandon this opportunity! Remember: In a downtrend, the rebound is just sending ammunition to the bears, but you must wait for the signal, don’t enter early and get washed out!
If you find this useful, give a thumbs up! Play along with the rhythm, and let’s shear the main force's wool together on SOL! 🚀 Short position ready, ready to harvest at any time!
