The SOL technical outlook shows a weak pattern, with the price trending below the short-term moving average. Each rebound quickly retreats, and declining volume indicates capital outflow. There is still room for further decline. When rebounding to the resistance zone, confidently short the position.
Trading suggestion: Short near 132-135, targeting 125-122. If broken downward, continue to look lower.
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.
The SOL technical outlook shows a weak pattern, with the price trending below the short-term moving average. Each rebound quickly retreats, and declining volume indicates capital outflow. There is still room for further decline. When rebounding to the resistance zone, confidently short the position.
Trading suggestion: Short near 132-135, targeting 125-122. If broken downward, continue to look lower.