7.10 SOL $SOL Shorting Strategy

Entry: Short at 79.25 - 79.50
Zhisun: Above 79.75
First Target: 78.80 - 78.60
Second Target: 78.20 - 77.90

SOL followed the broader market in the early session, rallied in tandem and reached the 79.42 high. After that, bullish momentum quickly weakened. In the short term, consecutive candles showed sluggishness and sideways consolidation. Chasing long positions at the highs began to take profits, gradually forming sell-side pressure. Overall, the larger upward trend has not directly reversed, but the consecutive short-term surge is a follow-the-crowd “bull trap” that draws in longs; it requires a pullback to digest the accumulated floating profits from above. The resistance zone shows clear pressure, and if subsequent rebounds lack strength, the downward retracement will continue. Today’s core idea is to place short orders in batches based on the resistance zone at this round’s surge high, and to capture the bearish move during the rally-to-drop. #美股AI概念股普涨