2026.5.29 SOL Strategy

Yesterday, following Bitcoin's sharp decline, SOL also dropped significantly more than Bitcoin and ETH, with a low of 80.05 before initiating an oversold rebound. The overall trend shows a pattern of "falling more sharply, bouncing weaker," with a clear long-term downward trend. Currently, it is only in a technical rebound phase after a major decline, not a reversal signal. The short-term moving average on the 1-hour chart has turned upward to form a weak support, but the medium- and long-term moving averages still show a clear bearish alignment, with heavy resistance above.

$SOL
Entry: Rebound around 83.5-84.5, with a stop at 86, watch for 80-78

SOL's volatility is significantly greater than Bitcoin and ETH. Keep positions within 20%, strictly set stop-losses, and absolutely avoid holding large positions without risk control.
If the price directly breaks below 80.0, abandon all long positions, follow the trend to short, with targets around 77.0-78.0.

If the price strongly breaks above 88.0 and stabilizes, the short-term rebound will continue. You can temporarily wait and see, and re-enter short positions around 90.0-92.0.

SOL's trend heavily depends on Bitcoin. Today, focus on whether Bitcoin can break through the resistance at 73,800-73,900. If Bitcoin weakens, SOL is likely to lead the market downward. #美伊谈判博弈