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April 13 🚨 | Monday | Early morning $SOL Market Analysis
The current market's pessimistic outlook for SOL continues to ferment, with the bearish-led upward and downward trend already formed, and the short- to medium-term correction cycle has not yet reached its end.
From the daily chart perspective, the asset has completed a typical bearish breakout pattern, showing a characteristic of successive highs decreasing and lows continuing to probe lower, with a fully established overall weak trend. @严恩助理号
At the same time, risk aversion sentiment is rising continuously on the macro level, and the overall cryptocurrency market trend is relatively weak. As a high-risk attribute public chain asset, SOL's price adjustment range is significantly higher than the market average.
From a technical standpoint, any rebound without volume support is a trap for false signals; when the price rebounds to the resistance zone, it is advisable to firmly execute a short position.
【Yan En's Daily Guide】
🔔 Tactical direction: Kong Kong Kong
🕸 Entry hunter zone: around 82.2-82.7 🚘
🏆 Take profit zone: around 79.8-79.3 ❌, exit when reached
❌ Risk control stop-loss: 84
In the face of trend, going against it is all vanity; following the trend is the way to steady and long-term success.
‼️‼️ Risk warning: The above content is for reference only and does not constitute any investment advice. Please carefully assess your own risk tolerance. #Gate广场四月发帖挑战 #Gate现货衍生品双双冲进全球前三