#solana It is not difficult to see from the chart that SOL has been in a downward triangle pattern for the past 4 hours 🀄️, and through the trading volume, we can see that each time there is a decrease in volume during the rise and an increase in volume during the drop. Therefore, the overall trend is continuously retracing. Now for long positions, we just need to focus on whether there can be a breakout with increased volume above the downward trend line (white line). For short positions, we need to focus on whether there can be a breakout with increased volume below the resistance level (blue line).
We are still in a downward trend, and the high 🈳 is what we need to focus on.