SOL Morning Thoughts | The momentum has already weakened, and the rebound is a shorting point


After rushing to 89.29 this round, it can basically be confirmed that the stage top has been reached,
The subsequent decline has already broken below the middle band of the Bollinger Bands,
Overall entering the weak zone around the middle and lower bands, the bullish structure has been completely shattered.
The market is also very clear:
Higher highs are getting lower, with the center of gravity continuously shifting downward,
A strong resistance zone has formed around 87–88,
As long as there is a rebound, selling pressure will start to spill out.
Indicators are also consistently bearish:
MACD death cross continues, bearish momentum is accumulating,
KDJ turning downward from a high level, resonance weakening,
So the thinking doesn’t need to be complicated:
The current rebound is not an opportunity, it’s a point to go short.
Key levels to watch:
Resistance above: around 87
Support below: 86.22
If the support is broken,
It’s very likely to open a new round of decline.
Trading reference:
In the 87–90 range, gradually short targeting 85 → 83
The trend has already turned bearish, don’t expect a reversal, a rebound is just a place to send money.
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