【Short Position Direction】Perfect layout for SOL high-level short position
I. Professional technical analysis
Daily level:
Although the daily line closed up yesterday, overall, SOL is still in a major cycle downtrend channel, and the rebound space is limited. The area above 153-155 is a strong resistance area, and the possibility of a significant rise is small. Beware of a pullback after a rise.
Hourly level:
The four-hour chart shows that the price has rebounded continuously with low volume, and the MACD death cross is initially appearing at a high level. The short-term rebound energy is weakening, and there are signs of a reversal at any time. Losing 145 will trigger a new round of decline.
Hourly level:
The hourly trend is clearly constrained by the 147 line, and the downward trend line pressure is evident, forming a small M-shaped head and shoulders pattern. If the 145 support level is broken, bearish sentiment will spread rapidly.
II. Opening positions & Setting take profit and stop loss (Short Position Direction)
Opening position: Around 145.91
First take profit level: 144
Second take profit level: 143
Stop loss level: 148
Note: 100x leverage operation, set take profit and stop loss reasonably to prevent unnecessary losses from extreme fluctuations.
III. Summary From an overall perspective, SOL's rebound momentum is weak, and the market has heavy short-term selling pressure. The main strategy is to short on rallies, and remember to control positions to avoid emotional trading.#ProSharesTrustXRPETF #BTC走势分析 #ETH #SOL #OM $BTC $XRP $SOL
