7.22 Sora $SOL short setup

Entry range: 77.60 - 78.10 short
Stop-loss: 78.55
First target: 77.00 - 77.30
Second target: 76.40 - 76.70

After Sora’s high at 78.84 formed the top, it exited a steady step-like decline. On the 5-minute cycle, the rebound height has been continuously trending lower; each time there is a modest pullback, there is no incremental capital follow-through—only weak repair during the selloff.
The 77.60–78.10 range is a key pressure level separating the earlier breakdown. Large amounts of long positions that are trapped are stacked here; when price rebounds back to this level, the sell pressure will be concentrated and released.
At this stage, the downtrend for shorts is already clearly formed: the lows keep getting refreshed, and the bulls have no momentum to counterattack. Shorting with the trend has a very high risk-reward ratio. The stop-loss leaves sufficient tolerance; without a reversal breakout that comes with increased volume, the short-biased market will continue. Build positions in batches based on the pressure gradient, and just harvest the downward room below step by step. #夏日创作营