The upper Bollinger Band and multiple moving averages form a clear resistance zone, indicating that the upward momentum is weakening on the technical side. The market is likely entering a correction phase.
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January 4th SOL Public Strategy
The upper Bollinger Band and multiple moving averages form a clear resistance zone, indicating that the upward momentum is weakening on the technical side. The market is likely entering a correction phase.
Operational suggestion: Enter short positions in the 136-138 range, with a target down to the 123-125 zone.
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