SOL dropped quite sharply this morning, but the afternoon market gradually stabilized. From a technical perspective, this wave has been following the lower Bollinger band downwards, and the bearish momentum has completely erupted, firmly holding the market's initiative — every time there is a slight rebound, it is immediately suppressed by the bears.
In the future, it is highly likely to continue downwards with inertia, so it can maintain a short position on rebounds, waiting for a rebound to around 130 to set up short orders, with the initial target at 120, and if it breaks below, continue to look at around 110
$SOL
In the future, it is highly likely to continue downwards with inertia, so it can maintain a short position on rebounds, waiting for a rebound to around 130 to set up short orders, with the initial target at 120, and if it breaks below, continue to look at around 110
$SOL
