SOL Bearish Outlook: Short-term Pressure, Can Consider Short Positions After Rebound
From the market perspective, SOL's recent rebound momentum is gradually weakening, with significant pressure at the key resistance level above. After multiple attempts to break through, it has failed to do so effectively, and the K-line shows a weak pattern of 'lower highs and higher lows,' highlighting short-term adjustment signals.
Observing the hourly indicators, after the price rebound, there has been a decrease in trading volume. The MACD indicator has formed a death cross at a high level and is turning downwards, indicating that bearish momentum is beginning to gradually release, suggesting that the market may enter a phase of correction. In terms of operations, it is recommended to seize the rebound window to establish short positions,
Establish short positions around 200, targeting near 190 #ETH创历史新高