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【$SOL Signal】 Empty position, waiting for downward momentum to exhaust
$SOL is experiencing a volume-driven decline, with price action indicating selling pressure dominance. The current decline of -6.33% accompanied by a trading volume of 3.593 billion signifies significant selling. From a market intuition perspective, this is more likely a short-term liquidation of long positions (margin calls) rather than a unilateral decline after distribution by the main players, but the risk of being caught on the left side is very high.
🎯 Direction: Short
Wait for the price to show clear buying absorption and reversal signals (such as hourly Pin Bar, bullish engulfing) in key support zones (like $90-$92) before evaluating long opportunities. Currently, market sentiment is panic-driven, and it’s necessary to allow the bearish momentum to fully release.
Trade 👇 $SOL
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