7.24 SOL: Breakout breaks down and accelerates into a deeper pullback; the main idea is firmly looking at the range



$SOL Entry: around 76.5-77; look at 75-74

SOL is completely moving with the broader market as it weakens; after breaking below the Bollinger midline, it accelerates into a deeper drop. The pattern with bears in control is already clear: every rebound is a high-sell entry window. During the pullback, bearish bodies continue to expand; consecutive large-volume long bearish candles print. Bearish selling pressure is concentrated and released, and downside momentum is very strong—this is a typical breakdown-and-accelerate move

After hitting the lower band, the rebound only prints a very small bullish candle. The upside lacks strength and volume is missing. There is no incremental buy-side demand to step in and provide support. This is a typical weak “downtrend continuation” correction; the rebound height is very limited and is not enough to fundamentally change the bear trend #布伦特原油重返100美元
SOL-1.62%
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