SOL declined as expected, reaching a low of 134.3 overnight. The bearish outlook around the 140 region yesterday was validated, and the trend fully aligns with the established strategy.
Although the current price has experienced a slight rebound, the rebound strength is quite limited. From the hourly chart, after the bottom rebound, it faces resistance near the middle band, and there is a lack of further upward momentum in the short term. Based on this rhythm, the trading approach remains to short on rebounds — there are good shorting opportunities around the 138-139 region. The short-term target is around 130.
The synchronized movement of XRP and BNB is worth noting, as the overall market rhythm is still in a correction phase.
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failed_dev_successful_ape
· 4h ago
134.3 That wave didn't get triggered at all. The current rebound isn't enough to be impressive.
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AirdropHustler
· 01-09 04:17
It's outrageous to predict it will come true, the space is still there, running at 130.
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WhaleWatcher
· 01-08 02:55
Haha, I hit the mark again. I love this kind of certain market trend.
I've prepared my positions at 138-139, waiting to harvest the rebound chives.
Whether 130 can hold is the key; this wave isn't that simple.
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RadioShackKnight
· 01-08 02:52
Reliable indeed, holding the short position at 140 like this is the right move. When it rebounds to 138-139, just sell back down, with a target of 130 for steady gains.
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SatoshiNotNakamoto
· 01-08 02:42
Wow, 140 was precisely hit, the rhythm of this wave is impeccable.
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liquidation_watcher
· 01-08 02:40
134.3 is indeed a precise low point, and I agree that the rebound is weak... but I'm afraid 130 won't break so quickly.
SOL declined as expected, reaching a low of 134.3 overnight. The bearish outlook around the 140 region yesterday was validated, and the trend fully aligns with the established strategy.
Although the current price has experienced a slight rebound, the rebound strength is quite limited. From the hourly chart, after the bottom rebound, it faces resistance near the middle band, and there is a lack of further upward momentum in the short term. Based on this rhythm, the trading approach remains to short on rebounds — there are good shorting opportunities around the 138-139 region. The short-term target is around 130.
The synchronized movement of XRP and BNB is worth noting, as the overall market rhythm is still in a correction phase.