3.16 SOL Trading Suggestion
SOL encountered strong resistance around 93.23, followed by a sharp decline, with the daily line closing as a solid bearish candle, indicating that bullish momentum has weakened.
From a technical perspective, the coin price is currently constrained by the upper band of the Bollinger Band, while the gap between the short-term moving average MA7 and the long-term moving average MA30 is too large, requiring technical correction. It is expected that the probability of oscillation and decline in the short term is relatively high.
Trading Recommendations
Short at rebounds
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