SOL at 77.4-77.8—go short with eyes closed. Stop-loss at 78.5. Cut the position in half at 74.5; the rest watch 73.3-71.6.



77.4-77.8: every rebound to this zone gets smashed back down.

74.2-74.6: if it breaks through, it will rush straight to 73.3; if it breaks again, look at 71.6.

① On the 1-hour chart, volume contracts and it’s consolidating—bounces are weak; it can’t even get past 75.5.
② The Iran-Iraq conflict has been going on for three straight days; the probability of the Fed hiking in July has spiked to nearly 50%. Today, the SOL ETF has net outflows of over 70 thousand SOL.
③ Tonight’s CPI: if it’s above expectations, it will crash straight away; if it’s below, it will bounce first then get hammered. BTC and ETH are both falling—don’t expect SOL to run independently strongly.

SOL at 77.4-77.8—go short with eyes closed. Stop-loss at 78.5. Cut the position in half at 74.5; the rest watch 73.3-71.6.

SOL—this thing—when it pumps, it’s ruthless, and when it dumps, it’s even more ruthless.
Others are greedy and I’m fearful; others are fearful and I add to my position—but the condition is that you’re still alive. $SOL
SOL-0.96%
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