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SOL Short-term Market Analysis: Bears Dominate, Rally Highs for Shorting
SOL short-term continues its weak downtrend, encountering resistance at the 98 level on the 4-hour timeframe and pulling back. The bulls' counterattack has completely failed, and price has entered a one-way downtrend channel. Currently gaining temporary support around the 85 level, but the overall bearish structure remains solid with continued weak rally strength and no signs of stabilization or reversal yet.
Trading Strategy:
Maintain the rally short bias. It's recommended to scale into short positions in the 88-90 range, with downside targets at 82-80 support zone. Execute strict risk management. Not sure when to enter? Try Bamboo Leaf & Pin 🤔
$BTC $ETH $SOL #加密行情震荡