7.20 Today’s SOL Analysis

Analysis: Lightly short in batches within the 76.80-77.39 range. Targets: 76.19-75.31

Short-term moving averages are suppressing the market, and there is a lack of incremental buy-side liquidity. The rebound is likely to continue but with weak follow-through. 75.31 is the key support level for this swing. The bears are still pushing hard, with a risk of a breakdown and further downside. Intraday volatility is limited. When price reaches the take-profit levels, exit in batches. Set a strict stop-loss to avoid being stopped out by short-term wick spikes and swept for losses. #台积电Q2净利暴增77.4% $SOL ‌