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Currently around 82.240 USDT.
For me, the focus isn't on how much it has risen, but whether it's a good entry point.
In the short term, I still lean bearish. $SOL $SOL
Right now, I mainly look at these factors:
First, the price is close to the resistance zone, with limited upside potential and risk-reward ratio.
Second, the buying volume isn't strong enough; a breakout still lacks momentum.
Additionally, the continuation after a spike is average, making chasing long positions risky as it may lead to awkward entry points.
I prefer to view it this way:
Top reversal with a waterfall short / rebound tempting more buyers followed by a second waterfall short / break of support to chase short positions.
Suggested entry price: 82.898 USDT
Estimated target price: 77.964 USDT
Stop-loss reference: 84.872 USDT
Signals indicating a wrong judgment: 5-minute rebound encountering resistance / 15-minute rebound reaching a peak high.
Risk-reward ratio reference: 2.50R
If the price isn't there yet, it's better to wait rather than force an entry.