Observe SOL/USDT 1-hour candlestick: Price violently surged to 173.446 but closed with a 'shooting star' style long upper shadow, with the current price falling back to 172.132 — this upper shadow is a signal for bears to 'catch the turtle in the jar' (the bulls failed to withstand the pressure at the high, exposing the embarrassment of high-position bag holders).
At the same time, after the price breaks through the upper Bollinger Band, it quickly falls back (Bollinger Band Iron Law: the upper band is a short-term emotional extreme zone; after a failed breakout, the extent of the pullback is proportional to the strength of the rise; SOL is highly elastic, and the decline is sharper).
Core logic for shorting: Triple signal resonance (SOL exclusive rhythm)
1. 【Candlestick Signal: Long Upper Shadow = Bulls Disarmed】
The length of the upper shadow crushes the body, exposing the game chain of 'rally → crash → bull collapse' — SOL's short-term surge exceeds 10%, and chips at high positions are fleeing madly. Referencing history, SOL often closes with a long upper shadow after a rapid rise, with a pullback probability exceeding 80% the next day; this time will not escape either!
2. 【Bollinger Band Principle: Break above the upper band without establishing = Bull Trap】 The upper band of the Bollinger Band is briefly pierced but fails to stabilize, which is a 'false breakout trap' — the main force uses the illusion of a breakout to attract long positions, while secretly unloading. For highly elastic coins like SOL, the 'break and fall back' effect is more lethal (high volatility = sharper decline).
3. 【Trend Rhythm: Inevitable pullback after accelerating to the peak】 Quickly rising from a low of 161.041 to 173+, with a short-term increase of over 10%, belongs to the 'accelerating peak formation' — SOL funds are eager to cash out at high positions, and don't forget its property of 'rapid rise must lead to rapid fall'; this time will not be an exception!
Practical strategy: Accurately position the rhythm of SOL's volatility
Entry Position:
✦ Aggressive: Open short directly at current price 172.1-172.5 (capture the inertia of 'rise and fall'; SOL's short-term pullback speed is fast, first take the first wave);
✦ Conservative: Wait for a rebound to the 172.8-173 range to add short (test the previous high pressure, confirm bear dominance — once SOL is under pressure, the crash will be fiercer, and the odds of a second entry will be higher).
Stop-loss position: Above the previous high 173.6-174 (small stop-loss for a big space; if it breaks, it means the bulls exceed expectations, decisively exit — but the probability of SOL 'false breakout' is high, don’t hold onto hope!). Take profit target:
✦ First Target: 168-169
✦ Second Target: Previous support 165-167 (if the middle band is broken, SOL's 'double top neckline' + lower band support resonance will completely open up the downside space; dare to look, dare to earn).
Key Reminder: Don’t be the 'bag holder' chasing high prices for SOL.
A long upper shadow + breaking the upper Bollinger Band without establishing is the textbook way SOL 'attracts longs and kills them' — don’t be misled by a temporary surge, and definitely don’t chase the high! Remember: when signals appear, decisively lay out short positions, let others stand guard at the 173 peak, while we calmly harvest the pullback of SOL from the hillside.$SOL