SOL Strategy for August 19:
The current market is in a typical range-bound oscillation pattern, fluctuating between key support and resistance levels. The technical aspect shows that although the engulfing pattern provides a short-term bullish signal, the extremely low trading volume and bearish alignment of moving averages indicate that the rebound lacks momentum, and the trend remains bearish. Furthermore, the price being below the VWAP further reinforces the judgment of limited upward movement.
Operational Suggestions:
180±2🈳, target at your discretion, strict defense.
For reference only, subject to the specific market conditions!
