Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
The recent rally of SOL feels a bit fake. On the four-hour chart, it hit 141.14 and started facing resistance. The MACD has already turned green and the green bars are still expanding. The RSI is hovering around 55.03 and trending downward. The 120 MA line above at 137.26 is holding strong, so the rebound has little strength. The main force's chips keep being sold off, and the signals couldn't be clearer.
Currently, at the 139.01 level, I would go short directly. Set the stop-loss just above the previous rebound resistance at 141.14 to avoid being shaken out. If it declines, the first target is 137.00. If the momentum continues to release, and 137.00 breaks, it could go toward 135.00. Trading trend positions requires patience and proper sizing; for those looking to catch a bottom in the short term, it's better to wait. Don't chase the rally; wait until the adjustment momentum is fully released before considering a light position to rebound.