SOL rebound is weak again! 83.7% short-term resistance level, the bearish momentum is taking over

Current Price: 83.77

First, the conclusion: SOL is currently in a weak oscillating and slightly bearish structure, belonging to the “momentum decay phase after a rebound,” with short-term tendencies leaning more toward oscillating and declining rather than continuing to strengthen.

  1. 4-hour timeframe: Rebound has ended, structure gradually weakening

Failed to hold above 85 on the rebound The high point begins to decline, forming resistance MACD at high levels is retreating, momentum weakening Bollinger Bands are narrowing and flattening, price returning to the midline

Core judgment: The 4-hour chart is entering a weak oscillating phase

  1. 1-hour timeframe: Short-term bearish rhythm forming

Appears as “rise → pullback → weak rebound” structure Multiple rebounds are resisted around 84.5 Moving averages are starting to turn downward MACD bearish momentum is gradually strengthening

Short-term rhythm: Weak rebound + increased expectation of pullback

  1. Intraday trend projection

If unable to regain and hold above 84.5:

More inclined toward oscillating decline intraday First test the 83 integer level If broken, may extend toward around 82.2

  1. Direct trading strategy (as per instructions)

Direction: Short (market order)

Entry price: around 83.77

Take profit:

First take profit: 82.93 (about -1%) Second take profit: 82.09 (about -2%)

Stop loss:

Stop loss level: 85.03 (about +1.5%)

SOL1.07%
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