SOL weakness continues to be confirmed! The 82 level becomes a short-term dividing line, and the downward trading window remains open today.

Current Price: 82.77

First, the conclusion: SOL has entered a continued bearish trend phase, characterized by “weak rebound after a breakdown + further decline structure,” and the current momentum does not support a strong reversal. Today, it is more inclined to oscillate downward.

  1. 4-Hour Level: Downtrend Dominates

Break below the previous key support zone of 84-85 Highs continue to decline, structure clearly weakening MACD operating below the zero line, bearish momentum continuously releasing Bollinger Bands opening downward, price close to the lower band

Core judgment: The 4-hour chart has entered a trend-down phase

  1. 1-Hour Level: Clear Bearish Momentum Continues

Standard “decline → weak rebound → decline again” structure Rebound is under pressure in the 83.5-84 zone Moving averages are clearly in a bearish alignment MACD remains in the bearish zone

Short-term rhythm: Downward correction + potential acceleration at any time

  1. Intraday Price Projection

If unable to regain stability above 84:

More likely to oscillate downward today First test the 82 integer level If broken, may extend to 81 or even lower

  1. Direct Trading Strategy (as required)

Direction: Short (market order entry)

Entry Price: Around 82.77

Take Profit:

First TP: 81.94 (about -1%) Second TP: 81.11 (about -2%)

Stop Loss:

Stop Loss Level: 84.01 (about +1.5%)

SOL1.13%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin