“How to Become a Sniper in the Crypto World? SOL's Perfect Long Position Breaks the Norm”

SOL's recent market performance shows signs of weakness, warranting caution for investors. From a technical analysis perspective, the RSI index has entered a downward channel, although it remains above 50, market momentum has clearly weakened, and the upward trend has gradually faded in the short term. Meanwhile, the MACD has formed a death cross, which typically indicates that bearish forces are gaining dominance, undoubtedly a warning signal for bulls. The price is approaching the upper band of the Bollinger Bands and has shown a rebound, consistent with the initial characteristics of a pullback in historical trends. Notably, around 198.5, there was a significant increase in selling volume, intensifying selling pressure and creating a strong bearish atmosphere in the market.

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