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Tongge's SOL public thoughts today
Short-term bears are in control, go short directly, rebounds are opportunities to add to shorts
Trend: Daily chart continuously declining, 4-hour bear alignment, Bollinger middle band at 85.0 with strong resistance, no volume on rebounds, heavy selling pressure.
Key levels:
Resistance: 84.3–85.0 (rebound limit, difficult to break through)
Support: 82.5→81.0 (first target, strong support zone)
Correlation: BTC/ETH weakening simultaneously, altcoins generally falling, SOL's bearish momentum is stronger, with larger decline potential. $ETH
Operation: Short
Entry: 84.3–84.8
Stop loss: 85.5
First target: 82.5
Second target: 81.0 (reduce positions upon reaching, hold some to watch 80)