SOL rebounded slightly with the shrinking volume of the market. There is heavy pressure from above in the short term. The 4-hour level long-short watershed is around 200. If it does not stand up effectively in the short term, the short-term decline will not be reversed. Continue to look for demand areas downward.
Several locations that need attention
Support position
First position 169-167.78
Second position 162
Third position 155
Pressure position
First position 188 (tested once)
Second position 195.8-197
Third position 202
Trading requires following the trend, going with the flow and going against it. When the trend comes, you should ride on it. When the trend changes to the opposite, you should be flexible. Fighting against the trend is like a mantis trying to stop a chariot, which will disrupt your mentality and trading rhythm.
At night, as the US stock market fluctuates, if there is too much fluctuation, friends must remember to stop profit frequently and stop loss decisively when trading. There is no point in holding orders.
If you have any questions about other currencies, please leave a comment.
Personal opinion, please read rationally. Not investment advice.
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