Last Thursday night, SOL fell to 116.71, then rebounded to 128.74, but ultimately failed to surpass last Thursday's high of 129.00. This detail is actually crucial — it suggests that the top of the next swing trading may very well be capped at 129.00. As for the downside, once it breaks below the range of 120-116.26, the bottom is likely to appear between 112.65 and 111.25.



For the bulls, this data is worth a good look. Especially if suddenly pulled to the 130-134 range tonight or tomorrow night, the real short-term bottom is still locked at 116. In other words, a rapid surge does not equal a trend reversal; rather, it could be a signal for distribution.
SOL1,85%
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OnChainSleuthvip
· 12-25 04:57
129 this level is really a hurdle, three consecutive attempts to test it have failed, it feels like the market maker is playing psychological warfare Once it rises to 130-134, start to be cautious, maybe the next second is a trap to ambush new retail investors 116 is the true bottom; if this wave drops again, we must hold this line well A sharp rise ≠ a reversal; this logic is clear, bulls wake up Breaking the 120-116 range basically means we are looking at 112-111, the probability is quite high It looks a bit fierce, feels like there will be big moves later No one can see through the rise before a dump, just waiting for the bagholders This 129 hurdle, still hasn't been passed after all, interesting
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LidoStakeAddictvip
· 12-24 02:42
129 is stuck, this is trouble... it's another trapped rhythm, right? --- Pump to 130-134 and it's a dump? Dude, I've heard this trap N times, every time it's a precise shot at the bottom... --- 116 is the bottom line, remember, don't get trapped in --- This data analysis... looks very authoritative, but who knows?🤔 --- Every time they say it's stuck, it ends up hitting the limit up, it's really something --- Should I continue to hold or run now, guys? --- You want to reverse without standing above 129? The pattern is too small, bro --- As soon as the dump signal appears, the Cut Loss show will start again, I bet five bucks --- Bottom locked at 116, top at 129... there's about ten bucks of profit space in between, interesting --- Another "this time it's really different" game, why can't I believe it?
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GasFeeCryervip
· 12-24 02:33
129.00 This hurdle is really hard to hold, it feels like institutions are testing. The moment it pumped to over 130, I knew it was time to run, the tricks are all the same. I remember this bottom at 116, if it breaks, it will head straight to 112. This wave of long positions is a bit precarious, full of dump signs. Rebound is an exit opportunity, don't think about any reversal.
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