Sol, reversal? Think too much—keep 🈳



Recently, in sync with the broader downtrend, it pushed down decisively into the 60 range. During the weekend, it carried out a certain rebound and repair move, but after touching the 68 area again, it faced renewed pressure. It’s clear the rebound strength is limited.

On the 4-hour chart, the short-term rebound is above the Bollinger middle band, but the downtrend channel is still sort of a “maybe/unclear”—overall it remains偏🈳. At the same time, there are no signs that the Bollinger bands are turning. Just follow the trend going forward.

From the 68-70 area, consider shorting, targeting the 63-60 range below. If it breaks, follow it; if it doesn’t, then wait and see.
SOL1.56%
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