$SOL ‌ The daily chart has already fallen below 74. In these three days, the decline volume is the same, but the drop magnitude is increasing, which shows that the bears are stronger than the bulls. The 4-hour chart is also showing a high-volume selloff. Next, look at the 1-hour chart: around 73.5 it has been consolidating. It’s likely the rebound lacks strength. In a normal downtrend, after a high-volume selloff there should be a rebound, but on sol I haven’t seen any sign of a rebound. Tomorrow is Saturday, and the Americans are off, so there probably won’t be much volatility. Tomorrow should be a drop followed by sideways consolidation. So, the most conservative approach here is to wait for a bottoming signal before entering. But in my personal view, you can try to bet on a small rebound at 73.5—definitely a small rebound. If no rebound appears here, you can exit. But most likely there will still be one. When it reaches the support level, it generally will rebound.#SummerCreationCamp

SOL-1.75%
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