#香港稳定币监管框架 This morning, SOL plummeted along with the market, crashing directly from 137 to 127. Although it has stabilized at 128 now, the position is still lingering around the lower band of the Bollinger Bands, indicating that buying pressure is really weak, and there is quite obvious resistance above. Rebound? There is hardly any strength.
My thought is that when it rebounds to the range of 129-130, we can consider setting up a short position, aiming for 125, and if being aggressive, looking at 122. In the short term, the bearish sentiment is still the main theme, so don't easily try to catch the bottom.
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ConsensusDissenter
· 20h ago
Those who bought the dip are crying, short positions continue to be held.
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MEVSandwichMaker
· 20h ago
129-130 can be shorted, this rebound really lacks strength, just waiting to see where it can drop to.
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RugResistant
· 20h ago
short positions still need to hold on, this rebound is just a trap
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SolidityStruggler
· 20h ago
The buying pressure is so weak, it's like air; it's not surprising to wait for it to drop to 122.
#香港稳定币监管框架 This morning, SOL plummeted along with the market, crashing directly from 137 to 127. Although it has stabilized at 128 now, the position is still lingering around the lower band of the Bollinger Bands, indicating that buying pressure is really weak, and there is quite obvious resistance above. Rebound? There is hardly any strength.
My thought is that when it rebounds to the range of 129-130, we can consider setting up a short position, aiming for 125, and if being aggressive, looking at 122. In the short term, the bearish sentiment is still the main theme, so don't easily try to catch the bottom.
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