$SOL Short-term Trading Strategy



Entry Conditions: Rebound to the 74.6-74.9 range; if a clear resistance and bearish closing signal appears, then open a short position accordingly.
Stop-loss Protection: Set above 75.3.
Downward Targets: First target at 73.5, second target at 72.8; if the previous low of 72.22 is effectively broken, then look for new lows.

Technical Logic: After the price surged and then fell back from around 75.00, the rebound strength is limited, with significant selling pressure below the previous high. The overall structure remains dominated by a bearish trend; the rebound is only a correction and unlikely to change the downward trend. In trading, only short positions on rebounds are allowed throughout, and chasing longs at low levels is strictly prohibited. Each trade must strictly adhere to stop-loss rules to control risk.
SOL-0.03%
View Original
post-image
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
  • Pinned