The current trend is clearly oscillating! The support level at 123 has been tested twice, so it’s considered stable; however, the resistance at 135 has not been broken through, so in the short term, it’s likely to fluctuate within this range.
It is recommended to wait for a rebound to between 130-134 to gradually short, with the initial target at 124-127; if you are engaging in high sell and low buy, just buy low and sell high between the support and resistance levels. The key is to strictly follow your risk management rules and avoid blindly chasing gains or losses.
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12.17 SOL Market Analysis
The current trend is clearly oscillating! The support level at 123 has been tested twice, so it’s considered stable; however, the resistance at 135 has not been broken through, so in the short term, it’s likely to fluctuate within this range.
It is recommended to wait for a rebound to between 130-134 to gradually short, with the initial target at 124-127; if you are engaging in high sell and low buy, just buy low and sell high between the support and resistance levels. The key is to strictly follow your risk management rules and avoid blindly chasing gains or losses.