$SOL The current price is 137. The continuous lower wicks over the past 4 hours indicate a passive rebound after being oversold, rather than active long positions entering the market: the price is oscillating around the middle band of the Bollinger Bands without the strength to break through, indicating that the long positions have no offensive momentum. The so-called "weak consolidation" is actually a buildup before the decline, making the probability of dipping to the lower band of the Bollinger Bands or even lower ranges extremely high.
Trading suggestion: short around 140-143, target 135, 132 #成长值抽奖赢iPhone17和周边
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$SOL The current price is 137. The continuous lower wicks over the past 4 hours indicate a passive rebound after being oversold, rather than active long positions entering the market: the price is oscillating around the middle band of the Bollinger Bands without the strength to break through, indicating that the long positions have no offensive momentum. The so-called "weak consolidation" is actually a buildup before the decline, making the probability of dipping to the lower band of the Bollinger Bands or even lower ranges extremely high.
Trading suggestion: short around 140-143, target 135, 132
#成长值抽奖赢iPhone17和周边