Come back quickly, I really don't want to cut my losses 😕

Good evening everyone, it is now 19:30 on August 3rd, Beijing time. I will briefly review the latest trends of SOL.
"Currently, SOL is priced at about $160, with a low of $156.4 and a high of $162.8 in the past 24 hours, showing a considerable range of fluctuations."
"The RSI has dropped to around 25, indicating extreme overselling, and there is a technical possibility of a rebound. However, the MACD is still in a dead cross, and the price has fallen below the EMA7/25/99, indicating a weak structure."
"The trading volume has slightly increased, but it is accompanied by significant liquidations: the daily liquidation reached $46 million, and market risk appetite has decreased. Currently, both long and short positions are still testing the waters."
"Resistance is seen at $162.45 to $165. If it breaks through with volume, watch for a short-term rebound to $168 to $170. Support is at $156 to $157; if it breaks down, the downside space could expand to around $150."
"In simple terms: SOL is currently in a weak structure, with both volume and liquidation data being weak. A rebound depends on breaking above $162 to show strength; otherwise, the structure still needs time to recover."
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In the comments: Are you buying low for a rebound today, or waiting for a signal to get back in? Leave a message and let's discuss together!
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