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7.13 Morning SOL analysis
Analysis: Do a pullback buy around 77.80-78.19, then look at 76-75, with defense at 79.
The prior bullish structure that rose during consolidation was directly broken through by a single large bearish candle. After breaking the consolidation box support, it moved into continuous decline. The trend has switched from ranging bulls to a one-sided, slightly weak bearish trend. The market’s current trading logic has changed from buying longs on dips to selling on rebounds, and the risk-reward ratio of shorting with the trend is far higher than trying to bottom against the trend. #美股AI概念股普涨 $SOL