SOL showed momentum decay after a surge the previous day, failing to continue the trend yesterday; early this morning, it tested near yesterday's high again and faced resistance, pulling back, indicating that selling pressure above remains significant. The short-term rebound is relatively weak; in trading, continue to focus on shorting at highs, watch the 146–148 range for short positions, with the first target at 137, and further downside towards the 133 level.
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.
SOL showed momentum decay after a surge the previous day, failing to continue the trend yesterday; early this morning, it tested near yesterday's high again and faced resistance, pulling back, indicating that selling pressure above remains significant. The short-term rebound is relatively weak; in trading, continue to focus on shorting at highs, watch the 146–148 range for short positions, with the first target at 137, and further downside towards the 133 level.