SOL previously surged too rapidly, showing clear signs of exhaustion at the high point, and has fallen back to form a weak oscillation at a high level. The price is consolidating around the middle zone, with the bulls fully weakening.
The strategy is clear: only short at high levels! 125-128 is the resistance zone for the rebound, the closer to the upper boundary, the more it is worth positioning. Stop loss at 131, first target at 118, if the weakness continues, then look down to 112.
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SOL previously surged too rapidly, showing clear signs of exhaustion at the high point, and has fallen back to form a weak oscillation at a high level. The price is consolidating around the middle zone, with the bulls fully weakening.
The strategy is clear: only short at high levels! 125-128 is the resistance zone for the rebound, the closer to the upper boundary, the more it is worth positioning. Stop loss at 131, first target at 118, if the weakness continues, then look down to 112.