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7.29 SOL short-term trading idea
SOL on the 1-hour chart surged to 77.48, then topped and pulled back. The high points gradually moved lower, and the overall market momentum is weak. Price is under the moving averages, and rebounds are just downside correction/repair. Bears are in control.
Trade plan: On the rebound at 74.1-74.6, take a light position short; stop loss 75.2. First target 72.7, then 72.1.
Market volatility is increasing—don’t chase longs. Wait for rebound/resistance pressure before setting up again. Use light positioning and place stop-loss orders properly. #NFT板块单日反弹超8% #明尼苏达预测市场禁令被叫停 $BTC $ETH $SOL