Hello everyone, regarding the current market of the SOL/USDT trading pair, here is a short-term trading strategy for your reference.

1. Entry Strategy:
• Current market observation: From a technical perspective, the SOL price is currently in a short-term resistance area.
• Specific operational advice: It is recommended to look for a relatively suitable position to establish a short position within the price range of 138.99 to 141.30. This range is a key resistance level in the recent past, and there is a higher likelihood of the price encountering resistance and falling back here. When selecting a specific entry point within this range, you can combine shorter-term intraday charts (such as 15-minute or 1-hour charts) K-line patterns, technical indicators (such as RSI overbought signals), or resistance lines to assist in judgment, aiming to enter at relatively high points to optimize the risk-return ratio.
2. Target and Take Profit Strategy:
• Target One ( Stable Target ): The first expected support level is around 136.88. For those seeking stable returns, you may consider taking partial profits or closing all positions at this level. This is a relatively conservative strategy aimed at locking in some profits and reducing position risk.
• Target 2 ( aggressive target ): If the market trend aligns with expectations and the price continues to decline, the subsequent support levels are at 134.90 and 132.60 respectively. 134.90 can serve as the second observation point, where one might consider continuing to hold or partially reduce positions. 132.60 can be regarded as the final target for this short position operation, aiming to maximize profits. When the price approaches this level, it is essential to closely monitor market dynamics and consider closing all positions.
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