SOL has recently shown a clear weakness compared to the overall market. Its strength or weakness is the most obvious bearish signal.


Even if the market experiences a slight rebound, it always lags behind; once the broader market weakens again, SOL is likely to lead the decline, with more room to fall.
In the short term, the outlook is clearly bearish, and traders can consider gradually shorting on each rebound.

Trading suggestions:
Look for opportunities to short near the 84-85 range, with targets around 80.5–79.5. If it breaks below 78, further downside extension can be expected.
SOL-1,09%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin