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SOL started to rebound at $128, and the current rebound is 10%+ (without leverage).
After seeing the 128 strategy and support, some friends shorted at the high of $150 to the first spot position of $128 on the same day.
Try to avoid this kind of operation, because sometimes he will pull you up or smash you to move according to the target trend of the analysis, and there is also a sideways trend, which will wear out your capital fee and finally move according to expectations.
This analysis and strategy focuses on spot layout, and the leveraged contract has a higher risk. $SOL
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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
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
Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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