📉 SOL bulls fail to add positions, bearish pressure emerges! Will it continue to drop to test previous lows or will a rebound occur? Ding Ding helps you lock in key price levels!
🚨 #DingDing Cryptocurrency Market Analysis Daily Report (2025/05/31)
#Binance real-time market analysis, grasp key strategies for #SOL bulls and bears, pressure and support levels!
#SOL Weekly Analysis Summary:
1-day chart shows bulls failing to add positions, bearish signs appear, likely to continue testing previous bullish support.
4-hour chart shows bearish formation has presented, oversold and TP1 has been reached, short-term observation on whether it continues to drop or turns bullish.
1-hour chart shows bearish formation with a dip followed by a rise, oversold divergence and TP1 achieved, short positions can adjust stop loss down to prevent pullback.
💡 Want to catch the rebound or the opportunity for continued decline? Below is the complete bull and bear strategy and entry-exit price levels all organized!
#SOLUSDT #TechnicalAnalysis #TradingStrategy
#SOL 1-Day Chart (1D)
Trend: Bulls fail to add positions, bearish signs appear, testing previous bullish support
📌 Short Position Information:
Stop Loss: 187.71 (breakthrough can go long)
Add Short: Initial resistance 157.16, strong resistance 171.82, best 175, final resistance 178, last 180.59
Breakdown to chase shorts: 140.32
Take Profit: 133.91, 100.66, 67.41
#SOL 4-Hour Chart (4H)
Trend: Bearish formation presented, has not turned bullish, oversold TP1 has been reached
📌 Short Position Information:
Stop Loss: (breakthrough can go long)
Medium-risk aggressive add short: strong resistance 163.6, best 167.36, final resistance 169.26, last 170.87
Breakdown to chase shorts: 160.13
Take Profit: 162.44✅, 151.95, 141.46
#SOL 1-Hour Chart (1H)
Trend: Bearish formation with a dip followed by a rise, oversold divergence TP1, adjust short position stop loss down
📌 Short Position Information:
Adjust Stop Loss: 161.51 (breakthrough can go long)
High-risk aggressive add short: best 158.82, last 160, strong resistance 160.31, final resistance 161.06
Breakdown to chase shorts: 154.46
Take Profit: 161.44✅, 154, 146.58