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#隐私币生态普涨 SOL Price Trend Observation (11.7):
The resistance level is quite clear—around 160-162. Consider short positions in this range, targeting around 153; if it breaks below, then look toward 145.
Why do I say that? On the daily chart, the upper band of the Bollinger Bands is right at 160. The previous two attempts to push higher failed to break through. Such repeated test failures often present good shorting opportunities.
Currently, the market shows clear bearish signals. The trading strategy is straightforward: short on rallies and wait for pullbacks. Of course, if it breaks and holds above 162, that’s a different story. But based on the technical pattern, short-term resistance remains quite strong.
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