Currently, SOL shows a clear bearish trend at the daily level. In order to capture short-selling opportunities more accurately, we recommend focusing the analysis on the 4-hour level, especially looking for purple dot signals, which are usually regarded as potential signals for short-selling.
Investors are advised to pay close attention to the important resistance level of 137.953. If the price of SOL fails to effectively break through this price level during the upward process, it may be a sign of an enhanced short-selling signal. #sol链 #SOLFI
At this time, we should patiently wait for the appearance of the next purple dot and confirm that its shape is stable before considering the layout of short orders.
Once the short order is executed, we expect the lower support levels to appear at 134.113, 130.685 and 127.356. These areas may provide strong support during the price decline, thereby limiting the decline.
However, the market is always full of variables. If the price of SOL does not continue to fall after the pullback, but successfully breaks through the long-short watershed at the 4-hour level, then this may mean that the market trend is changing in the short term.
In this case, we suggest that investors shift their attention to the 1-hour level, look for yellow dot signals, which are potential signals for long-side buying, and adjust their trading strategies accordingly.
At the same time, we should also pay attention to the upper pressure levels, especially 140.675 and 144.299. #solana生态 #ASI代币合并计划 $BTC $ETH $SOL
