Sol 12H liquidation heat map:
The strongest short position is cleared at 221.2, and the short position is cleared at 221.5-227.5.
Today's intraday resistance is just at 219.50-221. This is also the point to take short positions today. You can enter a short position at 217.0.
The strongest long position is cleared at 212, and the long position is cleared at 208.25-202.85.
The daily MACD is about to return to the zero axis. There will be two ways to move in the short term: 1. Directly fall through the zero axis and break 200; 2. The daily line returns to zero and pulls back, 200 holds or breaks through falsely and then quickly closes. I personally prefer the second one. 200 is a psychological barrier in the market and will not fall below it easily. Buy low between 210-200. If you are shorting, most of the time you should take profit at 214.25-207.25, and leave a small part to take profit at 204-200 and protect the principal loss, or keep some short orders for a long time to hedge the moving profit, and make up for the rebound, and take part of the profit when the callback is pulled back.
Since the US election on November 5, SOL has risen by 112 points (152-264). As of now, it has pulled back by 264-198=66 points. 66/112=58.9%. It is close to a callback of 0.618 (112*0.618=69 points), so it is not allowed to chase shorts below 210. In the short term, it is a low short. It is OK to take small shorts in batches in the rebound range of 217.50-229.
Tomorrow night CPI, SOL daily line may return to zero and rebound. Both long and short positions should pay attention.
Recently, the short position is strong, and the retracement after the rebound is strong. Pay attention to controlling positions and leverage.