$B I’m bearish. This rebound looks more like a dead cat bounce—the sell pressure around the moving averages is fairly heavy. If you’re chasing longs, don’t go too all-in. It may just be pumping higher to give you a chance to reduce your position. In the 0.1165-0.1194 area, I’m inclined to follow the trend lower. First target is 0.1050, and going further to 0.0946 isn’t out of the question either. Risk is moderately high. Set SL at 0.1230; if it breaks, I’ll accept it. $SOL $AGLD Likewise, it’s still weak—continue to watch the downward pace and don’t stubbornly hold on. Pay attention to the risk and manage your own position size.

SOL-0.68%
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