10.21 Solana $SOL Short Setup
Of the three coins, its rebound has been relatively weak. It recovered from a low of 103.73 to 108.22, then turned lower upon touching the upper Bollinger Band. The rebound momentum is gradually fading, and the broader structure of the Bollinger Bands opening downward remains unchanged, so the overall bearish trend is still intact.
Enter a short directly if the rebound reaches the 107.5–108.0 range. This area is a resistance zone formed by heavy previous trading activity, as well as resistance at the upper Bollinger Band, with strong selling pressure that should prevent a breakout. Place the stop-loss above 108.5 as a precaution. Initially target 105.0–104.5; if support breaks, look for a move toward the previous low. #Zcash24小时上涨8.5%
Of the three coins, its rebound has been relatively weak. It recovered from a low of 103.73 to 108.22, then turned lower upon touching the upper Bollinger Band. The rebound momentum is gradually fading, and the broader structure of the Bollinger Bands opening downward remains unchanged, so the overall bearish trend is still intact.
Enter a short directly if the rebound reaches the 107.5–108.0 range. This area is a resistance zone formed by heavy previous trading activity, as well as resistance at the upper Bollinger Band, with strong selling pressure that should prevent a breakout. Place the stop-loss above 108.5 as a precaution. Initially target 105.0–104.5; if support breaks, look for a move toward the previous low. #Zcash24小时上涨8.5%