SOL currently shows a short-term bearish dominance on the chart, with the overall strategy being to follow the trend and short at high points. Every rebound is an excellent opportunity to add to or open new short positions.

From a trend perspective, the daily chart continues to oscillate downward, with the 4-hour moving averages perfectly aligned in a bearish configuration; the middle band of the Bollinger Bands at 85.0 forms a strong resistance level. The rebound volume remains insufficient, with heavy selling pressure above, and the bulls are struggling to mount a comeback.

Key high and low levels

Resistance zone: 84.3–85.0, the limit of this rebound's resistance band, difficult to break through effectively in the short term
Support zone: 82.5, first support → 81.0, strong support at the bottom area

In line with the market, BTC and ETH are also oscillating and weakening together, with all altcoins broadly declining. Compared to mainstream coins, SOL has stronger bearish momentum, with more room to fall further.

Practical trading plan $SOL $BTC $ETH

Direction: Follow the trend and short
Entry: Gradually enter in the 84.3–84.8 range
Stop-loss: 85.5, above the resistance level
First target: 82.5, take partial profits on the short-term position
Second target: 81.0, reduce positions upon reaching, and hold the remaining position to watch for a move down to the 80 level