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Brother Tong 6.30 SOL Ideas
$SOL Rebound near 75.0-76.0, go short, stop loss above 77.0, target 71-70
Pullback near 71.0-70.0, try long, stop loss below 69.0, target 75-76
Yesterday at noon, the lowest was 70.46, just falling in the support area. Then it rebounded all the way, reaching a high of 76.49 in the early morning. The two ends of the range have been verified again, indicating that funds are still repeatedly battling near the boundaries.
Now the price has come back near the resistance area. The 77 area above remains a key short-term position. Before breaking through, resistance is still resistance; before falling below, support is still support.
This kind of market requires not courage, but patience. Wait for signals near the boundaries, and do less in the middle.