7.13 SOL: The rebound hits resistance and weakens again; within the day, follow the trend to look for a downside move

$SOL
Entry: Place orders around 77.5–78; stop-loss on the break under 79.5; target 75–73

Downtrend structure confirmed: Since the pullback from the 78.86 swing high, the market has formed a sell-off structure with lower highs and fresh lower lows. This rebound failed to break through the prior high resistance, the bulls’ counterattack was repelled, and the short-term downtrend is officially established.

Broad-market linkage catch-up selloff: BTC and ETH both broke down and sold off earlier in the day. The overall market bearish sentiment keeps heating up. As a major coin, SOL is unlikely to escape an independent move, and the probability of it lagging and selling off with the broader market has risen significantly.

Key support broken: The support of the prior consolidation platform around 77 has been effectively broken. Support has officially flipped into rebound resistance, downside room has been opened up, longs in the market have struggled to absorb, and the bears have taken control of the order book #伊朗宣布关闭霍尔木兹海峡