🚨 SOL has risen for three consecutive days but stalled at $140? Don't be fooled, this is the last escape route the main force is giving you!
😰 Are your hands itching again?
Looking at SOL bouncing back from 120, many people think "it's stable," "it's bottomed out," and even want to jump in hoping to turn a bicycle into a motorcycle?
Stop it! Going in now is not picking the bottom, it's taking over!
👀 Understand why it's dangerous now in three seconds:
1️⃣ Hit the "Ghost Gate":
Look up, the price is stuck around $140. This is not just a number, but the "lifeline" (moving average) that has been pressing down the coin price for the past few months. Several times before, it bounced here only to be slapped down, and this time the bulls have obviously become timid again.
2️⃣ It has risen, but there's no money to enter:
Although this rebound is in the green (bullish), the trading volume beneath is getting smaller and smaller. This indicates that the main force hasn't spent money to push the price up; it's purely retail investors getting excited. A rise without money backing it is just a paper tiger, it will fall when the wind blows.
3️⃣ The trend is still falling:
Don't forget, the overall trend is still downhill. Until it stabilizes above $150, all rebounds are just to fall deeper.
⚡️ What should you do now?
🏃 Those who are trapped (most important):
Take advantage of the fact that there's still $138, hurry to reduce your position!
This is a kind-hearted escape opportunity given to you by the main force; don't fantasize about a direct reversal to break even. As long as there's green mountains, there's no fear of not having firewood.
📉 Those who want to short (golden opportunity):
The current price ($138-$140) is the sniper point! Shorting against the "Ghost Gate," set the stop loss at $146. Once it falls, the first target is the previous low of $120, with a very high risk-reward ratio.
🚫 Those who want to pick the bottom:
Control your hands! Now is halfway up the mountain. Patience is needed to wait for it to drop back to $120 or even $100; that will be the time when gold is everywhere.
In summary: $140 is the bear's defense line. A low-volume rebound is a trap to lure buyers; don't be the one standing guard at the end of the rebound!
#SOL #TradingStrategy #MarketAnalysis #PitfallGuide

