$SOL

From the 15-minute candlestick chart of SOL/USDT, we can see the recent trend of the market and some key technical indicators. The following is a detailed analysis and suggestions:

Chart Analysis

Price Trend:

The recent price rebound from $122 to around $128 shows a certain rebound strength. The price found support around $122 and is currently encountering some resistance around $128.

Technical Indicators:

Moving Average (MA): Short-term MAs (such as 7 and 25) show that prices are recovering, but long-term MAs (such as 99) still show an overall downward trend. Bollinger Bands: The price rebounded after touching the lower track of the Bollinger Bands, indicating a rebound in an oversold state. The current price is close to the middle and upper tracks of the Bollinger Bands, indicating that resistance may be encountered in the short term. Volume: During the price rebound, the volume increased, indicating that the market's buying interest has increased.

Technical analysis confirmation

RSI and MACD: Combine the RSI and MACD indicators to confirm the strength of the market rebound. If the RSI rebounds from the oversold zone to above 50, and the MACD forms a golden cross (the MACD line crosses the signal line upward), the rebound signal is stronger. Bollinger Band Breakout: If the price can stabilize above the middle track of the Bollinger Band and break through the upper track, it means that the market rebound is strong.

Risk Management

Dynamic Stop Loss: Gradually adjust the stop loss as the price rebounds. For example, you can set a stop loss below the previous low (such as $125) to ensure that profits can be protected in time when the market reverses. Gradually reduce positions: In the process of confirming the market rebound, gradually reduce positions instead of closing positions all at once. This can lock in some profits in market fluctuations while avoiding missing larger rebound opportunities.

Conclusion

Currently SOL/USDT shows a certain rebound strength, and you can consider gradually terminating the hedging position. By combining technical indicators such as Bollinger Bands, RSI and MACD, confirm the strength of the market rebound and gradually close the hedging position. At the same time, set reasonable stop loss and take profit to ensure that profits are protected and trading opportunities are seized in market fluctuations. Pay close attention to market dynamics and flexibly adjust strategies to cope with uncertain market environments.