SOL continues to look bearish today. It is recommended to place short orders in batches at the price levels of 136.47, 136.6, 137.0, and 137.19, with a stop loss set at 138.88. These price levels are also the last profit-taking exit points for the morning long positions.
If the profit is successfully taken, prioritize harvesting profits in the 134.7-134.0 range, followed by 133.7-133.45, and finally consider 132.9-132.5. These three ranges are also ideal entry zones for subsequent long positions. The overall strategy is to profit from short positions and then look for long opportunities below.
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GasFeeCrier
· 7h ago
Another short position again. Can this wave break 138.88? Feels like SOL has been quite volatile lately.
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ForkItAllDay
· 01-12 12:49
Well, the short position logic is pretty good, and the idea of turning around to go long is also clear.
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ImpermanentPhobia
· 01-11 15:49
Short position stop loss at 138.88, that's a bit far away. We'll have to see how SOL's mood is today.
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SchroedingerAirdrop
· 01-11 01:53
The short position idea is okay, but these levels feel a bit too dense... The area around 137 is indeed a resistance, but the stop loss at 138.88 feels a bit loose.
What’s going on, another pattern of shorting first and then going long? Hope this wave doesn’t turn into a train wreck.
134 looks comfortable, but I’m just worried about a rebound that could slap me in the face.
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MevHunter
· 01-11 01:53
136.47 these levels are indeed good, but the stop loss at 138.88 feels a bit wide, making it easy to be hit through.
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SerLiquidated
· 01-11 01:53
Ha, empty sol again? The stop loss is so high, are you really just betting on popularity?
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StableNomad
· 01-11 01:51
honestly the 134.7 zone is where the real sharks are gonna be waiting... statistically speaking, every time we hit that level it's been a coin flip between capitulation and reversal. reminds me of UST in May except this time people *think* they know the support lol
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TrustMeBro
· 01-11 01:50
SOL's short entry points are quite good, just worried it won't drop further...
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blockBoy
· 01-11 01:49
Hmm, I'm also waiting on this 137 short position. Let's see if it can break below 136.
SOL continues to look bearish today. It is recommended to place short orders in batches at the price levels of 136.47, 136.6, 137.0, and 137.19, with a stop loss set at 138.88. These price levels are also the last profit-taking exit points for the morning long positions.
If the profit is successfully taken, prioritize harvesting profits in the 134.7-134.0 range, followed by 133.7-133.45, and finally consider 132.9-132.5. These three ranges are also ideal entry zones for subsequent long positions. The overall strategy is to profit from short positions and then look for long opportunities below.