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SOL has fallen below the support of $160, and now $160 has become the strongest resistance area.
If you want to buy at the bottom, you can consider entering the market between $128 and $100 to increase your position or buy at the bottom of the spot.
If it rises to around $159 or $160, you must sell some or pay close attention, because only by breaking through $160 can it continue to rise.
Note: There is no cost-effectiveness if you buy halfway up the mountain, unless the trend can strongly break through 160 and then return to 160. Spot trading must be done on the left side to maximize profits. $SOL
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SOL took some spot money at 52, but a friend used him to make a contract, so he asked him to stop profit on the contract first.
Some spot stocks do not allow you to make contracts. If you do not keep an eye on the market or your mentality is not good, you will not be able to hold the contract;
The spot price is not afraid of the pin being inserted, and if the position is not liquidated, it will pull back or rebound to some extent when it reaches a certain support position. Once the contract pin is inserted and you are liquidated or your position is gone, but the price is still there, it is easy for your mentality to explode in the end.
The current position of SOL52 is a support. Students who understand some patterns will see that it is a 4-hour head and shoulders top mentality. Therefore, the current pressure above is at 56 and 61. One is an oblique downward trend line near 56, and the other is horizontal. The pressure level is near 61 (right shoulder position). $BTC $ETH $SOL #ordinals $
Some spot stocks do not allow you to make contracts. If you do not keep an eye on the market or your mentality is not good, you will not be able to hold the contract;
The spot price is not afraid of the pin being inserted, and if the position is not liquidated, it will pull back or rebound to some extent when it reaches a certain support position. Once the contract pin is inserted and you are liquidated or your position is gone, but the price is still there, it is easy for your mentality to explode in the end.
The current position of SOL52 is a support. Students who understand some patterns will see that it is a 4-hour head and shoulders top mentality. Therefore, the current pressure above is at 56 and 61. One is an oblique downward trend line near 56, and the other is horizontal. The pressure level is near 61 (right shoulder position). $BTC $ETH $SOL #ordinals $
Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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