u姐7.16 $SOL Morning outlook


SOL-led moves are pressuring major coins. The market is consolidating with slow gains in a high range; indicators on smaller timeframes are showing top divergence; there isn’t enough incremental buy pressure; short-term profit-taking within the market is being concentrated, and the risk of a spike-and-retrace is high.
Today’s key play is to short on rallies. Place short orders in the 79.0–79.7 rebound range, with a stop-loss at 81.5. The first target is 77.8. If it breaks down on the fall, then look toward around 76.5.
At this stage, don’t blindly chase longs at high levels. All entry orders must strictly carry stop-losses, and keep position sizing reasonable.
SOL-1.06%
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