The SOL bears are losing momentum, it's time to position for long trades!
Recently, SOL has been on a downtrend, but it has started to stall as it approaches the key support around 152.33. The bears want to push it down, but they can't, while the bulls are quietly accumulating below.
Now the candlestick shows a doji, a dark cloud cover, and a spinning top, which are typical signals before a trend reversal. The trading volume has also decreased, indicating that the downward momentum is fading.
The buying point is around 151.5, close to the previous low + long-term support, presenting a low-buy opportunity.
If it can hold above 152.33, it can directly rally, with a short-term target initially at 157.33, gradually making a comeback.
Set a stop-loss below 150.2; if it breaks, just exit without hesitation.
For the aggressive traders, you can also take a light position to catch a rebound after it holds at 152.33, in conjunction with increased volume + candlestick signals to catch a short-term long.
Don't wait to chase high once it stands above; opportunities are often clearer in hindsight. The market is giving you a chance now, whether you dare to take it depends on you.