2025-12-17 07:00:41

#BinanceABCs SOL Technical Overview (12.17 Update)

The chart pattern has clearly broken out of the top. The rebound momentum is waning, and the resistance above seems to be as solid as a steel plate. Honestly, this is a good short entry point.

How exactly to operate? The 130-132 range can be considered for long positions, but don't expect too much—target around 117-119 is about right. In other words, the rebound has limited room, and downward pressure remains the main theme.

Pay attention to $BTC $ETH $SOL 's coordination, especially the movement of Bitcoin, which will directly influence the rhythm of altcoins.

Reminder: Technical analysis can be deceptive; position management and risk control should always come first.

SOL-4.05%

BTC-1.01%

ETH-0.73%

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GateUser-e19e9c10

· 2h ago

Stuck like a cast iron plate, this description is perfect. The bears have already bought their tickets to get off.

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fork_in_the_road

· 13h ago

Sol indeed looks a bit weak this time, being stuck like an iron plate is really an apt description. When BTC hits a blow, altcoins have to kneel, it's that simple. Long at 130-132? I still remain skeptical. With such a small rebound space, what's the point? Position management is the key; no matter how good the technicals are, making money while alive is more important. Be careful not to be fooled; during a decline, it often looks the most tempting.

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GweiTooHigh

· 12-17 07:30

Short position entry point? Dude, you’ve got some guts. I’m still waiting for it to drop back to 130.

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GameFiCritic

· 12-17 07:30

Short positions are correctly identified, but the rebound is just a tiny bit of meat that doesn't really taste good.

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FlashLoanKing

· 12-17 07:29

The support is holding, and this rebound indeed has limited room. I'm also watching if 130-132 can be a good bottom to buy. --- Short entry point? It depends on how BTC moves. Honestly, chasing highs now is just giving away profits. --- I'll stick to 117-119, but to be honest, technicals can still deceive in the end. Risk control is the key. --- The resistance level is tightly held; if it drops, there might be some opportunity. --- There are short-term opportunities at this level, but don't be greedy. Just trade small positions for fun.

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MEVHunter

· 12-17 07:17

ngl the 130-132 trap is looking spicy for backrunning liquidations when btc dumps... mempool's gonna be toxic af when this breaks, already sniffing the flows

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OptionWhisperer

· 12-17 07:17

This wave of SOL is really stuck, and the bears are really eager to attack. With such little room for a rebound, it's not worth the effort to go long; better to wait for a drop. When BTC moves, altcoins all shake along; honestly, you still need to keep a close eye on the big guy. Position management is the key to survival; trusting that technical analysis works is really questionable. Just treat the 130-132 range as practice; anyway, the target isn't far.

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SchroedingerGas

· 12-17 07:13

This wave of bearishness on SOL is indeed interesting, but I'm just worried it might be the same trick of fake breakdowns. Let's first watch BTC's reaction, otherwise everything else is just talk. The 130-132 range is indeed worth a try, just don't go all-in and you'll be fine. Technical indicators change every day, position management is the key, everyone.

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tokenomics_truther

· 12-17 07:12

SOL this wave really has no hope left, the bears are truly here --- A rebound at 130-132 will be the end, no need to overthink --- Once again BTC is leading the rhythm, altcoins are just following the trend --- Being stuck like an iron plate is a perfect description, definitely a bearish signal --- Risk control first, don't be blinded by technicals --- The rebound momentum is clearly weakening, there's a high chance it will go down --- I've noted the target level at 117-119 --- Thinking of going long at just over 100 points? Greed is not good

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