2026-01-08 10:32:24

Solana perpetual contract closed today at $134.60, down 1.58% for the day. From a technical perspective, the strength of this correction should not be underestimated.

The price has broken through the key moving averages MA5, MA10, and MA25, all of which are now acting as resistance above. More importantly, the MACD indicator has formed a death cross below the zero line, which is a classic bearish confirmation signal. Overall, the short-term bearish momentum is indeed strengthening.

**Trading idea**: Shorting on rallies would be a more appropriate strategy. However, risk control is crucial; it is recommended that single-position size does not exceed 30%. Set the stop-loss at $138.50, and be prepared to cut losses promptly if the price rebounds to this level. Although the downtrend is confirmed, rebounds and corrections are common, so risk management remains the top priority.

SOL-3,27%

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ChainMemeDealer

· 01-10 03:18

This wave of SOL is indeed quite aggressive, and the MA all-line death cross has also been confirmed. There are still some opportunities to short on rallies.

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AirdropworkerZhang

· 01-09 19:43

The death cross has appeared, and this bearish signal is quite clear. However, I will still wait and see; I feel that the stop-loss at 138.5 is a bit tight.

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ServantOfSatoshi

· 01-08 10:58

This move by SOL is really aggressive; as soon as the death cross appears, you know it's going to fall.

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GateUser-9ad11037

· 01-08 10:57

A death cross has occurred, but the most feared thing at such times is a rebound. Being able to hold a 30% position with that mindset is true skill.

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ApeWithAPlan

· 01-08 10:52

The death cross is back. Is SOL really going to crash this time? Can't go all-in, brothers.

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DustCollector

· 01-08 10:51

The bearish momentum is strong, but I still think the stop-loss at 138.5 is a bit tight. The death cross is a death cross, but SOL's rebound correction is really annoying. With 30% position size, I can accept it, but I'm just worried about getting caught unexpectedly.

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BlockchainFoodie

· 01-08 10:45

yo this MACD death cross is literally like a soufflé collapsing mid-bake... the fundamentals were there but the execution just fell apart lmao. 30% position size is honestly the only smart play here if you're not trying to get liquidated like yesterday's bread 🍞

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