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SOL, although performing stronger compared to other mainstream assets, is still not favored for chasing longs. For now, the consolidation range is seen at 70-100.
As long as the previous high resistance at 100 is not effectively broken, this round of upside movement is still viewed as a rebound rather than a reversal. In short-term operations, shorting is prioritized.
Short at 90 in batches, stop loss at 94, first target downside at 80#SOL