Price Trend: From a medium to long-term perspective, SOL rose from the December low of 117 USD but recently dropped over 15% in the past 192 hours from a high of 148.88 USD, breaking below the lower boundary of the downtrend channel (130 USD), forming a large bearish candle and a top divergence (marked "9" and "13"). After hitting a low of 124.8, a small bullish candle appeared, indicating a rebound and testing the 128 key level. If it holds above 128, a reversal upward is possible; otherwise, it may decline toward 120 USD. Technical Indicators: MA/EMA: Short-term moving averages are dead-crossing downward, but long-term trend is flattening, indicating a slowdown in bearish momentum. RSI: Approximately 17, extremely oversold (<30), downward momentum is exhausted, signaling a potential strong rebound. MACD: The red histogram is shrinking, and the dead cross momentum is weakening. Volume: After a large decline, the rebound is moderate, with buying interest entering.
Market Environment: The crypto market experienced low volatility over the weekend (BTC above 89k USD), and SOL dropped 0.4% today. Positive factors include SKR airdrop, TVL exceeding 12 billion USD, and stablecoin inflows of 8.04 billion USD, supporting a potential rebound. Sentiment on X is neutral to slightly bullish: traders see 125-128 as accumulation zones, predicting a short-term rebound to 130-135. Risks: With 10x leverage, SOL's high volatility (daily average 5%+) presents significant downside risk. No "zero-loss" strategy exists—even if a rebound occurs, false breakouts are possible.
My Recommendation: Long SOL/USDT
Reason: Strong oversold rebound signals today (extremely low RSI, bullish candles at lows, positive catalysts), suitable for intraday swing reversal. Despite short-term downward pressure, high leverage amplifies the rebound potential and profit likelihood. The medium-term downtrend has not reversed, but intraday bulls are dominant. Entry Point: Buy near current price 126.5-127 USD (high probability rebound start), or wait for a pullback to confirm support at 126 USD (more secure). Stop Loss: Set below 125 USD (low point), limiting risk to 2% of capital (no more than 20 USDT floating loss). Close immediately if triggered. Take Profit: Scale out, first target 130 USD. Position Size: Use multiple batches, starting with 500 USDT to avoid full exposure. Monitor X real-time sentiment; if it breaks 125, switch to short.
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SOL Overall Analysis:
Price Trend: From a medium to long-term perspective, SOL rose from the December low of 117 USD but recently dropped over 15% in the past 192 hours from a high of 148.88 USD, breaking below the lower boundary of the downtrend channel (130 USD), forming a large bearish candle and a top divergence (marked "9" and "13"). After hitting a low of 124.8, a small bullish candle appeared, indicating a rebound and testing the 128 key level. If it holds above 128, a reversal upward is possible; otherwise, it may decline toward 120 USD.
Technical Indicators:
MA/EMA: Short-term moving averages are dead-crossing downward, but long-term trend is flattening, indicating a slowdown in bearish momentum.
RSI: Approximately 17, extremely oversold (<30), downward momentum is exhausted, signaling a potential strong rebound.
MACD: The red histogram is shrinking, and the dead cross momentum is weakening.
Volume: After a large decline, the rebound is moderate, with buying interest entering.
Market Environment: The crypto market experienced low volatility over the weekend (BTC above 89k USD), and SOL dropped 0.4% today. Positive factors include SKR airdrop, TVL exceeding 12 billion USD, and stablecoin inflows of 8.04 billion USD, supporting a potential rebound. Sentiment on X is neutral to slightly bullish: traders see 125-128 as accumulation zones, predicting a short-term rebound to 130-135.
Risks: With 10x leverage, SOL's high volatility (daily average 5%+) presents significant downside risk. No "zero-loss" strategy exists—even if a rebound occurs, false breakouts are possible.
My Recommendation: Long SOL/USDT
Reason: Strong oversold rebound signals today (extremely low RSI, bullish candles at lows, positive catalysts), suitable for intraday swing reversal. Despite short-term downward pressure, high leverage amplifies the rebound potential and profit likelihood. The medium-term downtrend has not reversed, but intraday bulls are dominant.
Entry Point: Buy near current price 126.5-127 USD (high probability rebound start), or wait for a pullback to confirm support at 126 USD (more secure).
Stop Loss: Set below 125 USD (low point), limiting risk to 2% of capital (no more than 20 USDT floating loss). Close immediately if triggered.
Take Profit: Scale out, first target 130 USD.
Position Size: Use multiple batches, starting with 500 USDT to avoid full exposure. Monitor X real-time sentiment; if it breaks 125, switch to short.