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7.10 Morning SOL Analysis
The daily overall downward structure is clear, and it is not suitable to go long at this point.
Daily, 4-hour, and 1-hour charts show bearish resonance. The funding rate remains negative, external incremental funds are insufficient, and there is no reversal signal. It is likely to see a volume-driven decline to establish a bottom.
Operation:
A light short position can be taken in the 78-80 range, with the first target set at 75.
Reminder:
The above analysis is Muyao's personal analysis. The market changes rapidly. This content is for reference only and does not constitute any investment advice!
$SOL