SOL Afternoon Analysis


In terms of trading, short-term traders can lightly short in the 84.8–84.9 range, targeting 84.0–84.2.
The current market is oscillating near 85 at a high level, with bullish upward momentum clearly weakening, and MACD turning green simultaneously, signaling a short-term pullback.
Although the overall moving average structure has not deteriorated, the current risk-reward ratio for chasing longs is extremely low, so do not blindly follow the trend.
For those with lower risk appetite, it is recommended to stay on the sidelines for now and consider making moves after the price stabilizes following a pullback.
SOL-2.1%
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