Recently, the 15-minute K-line of SOL looks a bit ugly. Look, the price shoots up only to be slammed down, and the volume is particularly weak, clearly the bulls are lacking strength. The 128-129 area is like a wall; it has been tested several times but cannot break through, being pushed back each time.
The current situation is that bulls and bears are competing against each other, but it seems that the focus is about to shift downwards. At this time, the most feared thing for short-term traders is a sudden pullback, so one must be cautious.
If you want to take a risk, you can consider shorting in the 126-128 range, placing a stop loss above, and targeting around 120-118. Of course, such operations come with both risks and opportunities, so weigh them yourself.
Overall, if you want stability, stick with the mainstream coins; if you're looking to make profits, then accurately target in the alts—it's all about your risk tolerance.
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WalletAnxietyPatient
· 22h ago
This wall is really too tough to get over. I've bet against it twice and got slapped in the face, now I'm a bit scared.
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MentalWealthHarvester
· 22h ago
128 This hurdle is indeed tough, long positions are out of luck.
This wave of SOL looks a bit weak, the volume doesn't match.
It's better to play it safe, I prefer to stick with mainstream tokens.
Short orders are hard to catch, it feels like there are plenty of supports below.
With the volume shrinking like this, I don't even dare to catch the rebound.
This rhythm feels like a prelude to a breakout.
Playing with fire in short-term trading requires caution, I will hold my coins and observe.
#BTC资金流动性 alts short-term strategy丨$SOL trend review
Recently, the 15-minute K-line of SOL looks a bit ugly. Look, the price shoots up only to be slammed down, and the volume is particularly weak, clearly the bulls are lacking strength. The 128-129 area is like a wall; it has been tested several times but cannot break through, being pushed back each time.
The current situation is that bulls and bears are competing against each other, but it seems that the focus is about to shift downwards. At this time, the most feared thing for short-term traders is a sudden pullback, so one must be cautious.
If you want to take a risk, you can consider shorting in the 126-128 range, placing a stop loss above, and targeting around 120-118. Of course, such operations come with both risks and opportunities, so weigh them yourself.
Overall, if you want stability, stick with the mainstream coins; if you're looking to make profits, then accurately target in the alts—it's all about your risk tolerance.