SOL's recent market movement is quite interesting. Although the price briefly broke through the 140 level, the RSI has already soared to a high of 69, significantly increasing the risk of chasing the rally. From the MACD perspective, the red histogram is shrinking, indicating that the upward momentum is weakening. What's more concerning is that the trading volume is far below the average level, meaning this breakout is not supported by real buying power—definitely a trap to lure in buyers.
Currently, SOL is quoted at 140.33. Instead of acting now, it's better to wait and see. When the rebound starts to weaken, consider shorting in the 141-142 range, entering with a market order for a higher success rate.
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TokenStorm
· 7h ago
Yeah, I also saw the RSI data. 69 is indeed a bit risky, but with such low volume, I actually think it might still push higher. I'm just worried it could be a trap to shake out the longs rather than trap the shorts.
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GateUser-74b10196
· 01-10 19:57
The trap of诱多 has long been seen through; I'm just waiting for it to break below.
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RiddleMaster
· 01-10 17:56
Bull trap tactics, too obvious, wait for the drop
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UnruggableChad
· 01-09 05:51
I've seen many tricks like this before, don't rush to get in at position 140.
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ChainChef
· 01-09 05:50
ngl sol's looking half-baked rn... rsi at 69, volume's thin as watered-down broth, that breakout's got no real meat on it fr. the recipe's screaming trap to me, why would u chase that when the seasoning's all wrong lol
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ShadowStaker
· 01-09 05:48
rsi 69 screaming overextension tbh, that volume situation is honestly pathetic. seen this movie before—always ends the same way lol
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ShitcoinConnoisseur
· 01-09 05:39
Using the old trick of诱多 is outdated; you still need to wait for trading volume to catch up before taking action.
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TopBuyerBottomSeller
· 01-09 05:37
I've seen many tricks to lure buyers, so I think I'll wait and see for now.
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token_therapist
· 01-09 05:35
The trap of fake buying schemes is obvious at a glance. With such poor trading volume, how dare you chase?
SOL's recent market movement is quite interesting. Although the price briefly broke through the 140 level, the RSI has already soared to a high of 69, significantly increasing the risk of chasing the rally. From the MACD perspective, the red histogram is shrinking, indicating that the upward momentum is weakening. What's more concerning is that the trading volume is far below the average level, meaning this breakout is not supported by real buying power—definitely a trap to lure in buyers.
Currently, SOL is quoted at 140.33. Instead of acting now, it's better to wait and see. When the rebound starts to weaken, consider shorting in the 141-142 range, entering with a market order for a higher success rate.