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$SOL Currently hovering around 83.14 USDT. Over the past 24 hours, the fluctuation is approximately +1.13%.
I'm not focusing on the rise or fall, but whether this position is worth engaging. $SOL
In the short term, I still lean towards bearish.
Now, a few points worth paying more attention to:
First, this rally looks more like an emotional surge, and the follow-through hasn't caught up yet.
Second, the continuation after the spike is average; chasing long positions easily ends up in an awkward position.
Additionally, the price is already close to the resistance zone, and the upside potential and risk-reward ratio are both moderate.
I prefer to view it this way: top sweep high waterfall short / rebound trap long, then second waterfall short / break support chase short.
The entry point I’ll watch: 83.845 USDT
Estimated target price: 78.855 USDT
Position to exit if wrong: 85.842 USDT
Invalidation condition: 5-minute recovery resistance / 15-minute recovery sweep height
Risk-reward reference: 2.50R
If the price isn't there yet, it's better to wait and not force a trade.