The overall direction is dominated by short positions, and the current price is stuck at 126. Previously, a large bearish candlestick clearly exposed the selling pressure. The candlestick is touching the lower Bollinger Band, and a signal of overselling has appeared. Don’t be swayed by a small rebound.
Operation suggestion: Short near 129-132. Target around 120
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Afternoon SOL chart analysis:
The overall direction is dominated by short positions, and the current price is stuck at 126. Previously, a large bearish candlestick clearly exposed the selling pressure. The candlestick is touching the lower Bollinger Band, and a signal of overselling has appeared. Don’t be swayed by a small rebound.
Operation suggestion: Short near 129-132.
Target around 120