SOL sudden drop warning at high levels? Bulls retreat, precise short-selling strategy helps you harvest!

Family members, don’t be fooled by the small rebound this morning! After SOL failed to break the $100$ mark, the market has already shown signs of fatigue. The current excitement is just short sellers “sharpening their knives,” so don’t try to catch falling knives at this moment!

The current trend, the “trap to shake out the bulls” script has reached its climax, and the main theme moving forward is—“distributing at high levels”!

SOL Market Bearish Depth Logic

4-hour chart: The price has repeatedly attempted to push above $98$ but failed, leaving long upper shadows, indicating enormous pressure from “trapped sellers” above. Currently, the 4-hour candlestick has broken below the short-term upward trend line, and the MACD indicator shows a clear “death cross” expectation at high levels, with the green bars shortening, momentum exhausted, and a correction pressure imminent.

1-hour chart: A typical “arc top” structure is forming. Although the price remains around $96.4$, the trading volume at the bottom is shrinking, a classic volume-price divergence. The RSI indicator has quickly fallen from the overbought zone, and the bearish force is quietly gathering. Failing to retest the $97$ resistance level is the best opportunity for us to strike!

Today’s practical short-selling strategy (recommended for likes and bookmarks)

Want to survive in this brutal market? Remember, those who follow the trend prosper, those who go against it perish!

Direction: Short (Short)

Opening method: Market order to open position directly

Current market price: 96.4

First take profit level: 95.4

Second take profit level: 94.5

Stop-loss level: 97.8