3.13 Morning SOL Analysis


The daily chart is dominated by bears, with lower highs and new lows, rebound volume is lacking, the bearish trend is clear, exchange inflows have surged, selling pressure continues to be released, major funds are flowing out, and the bearish signals are strong. The price is trading below MA5 and MA10, with a bearish moving average alignment. On the 4-hour chart, MACD has crossed below the zero line, and the KDJ is showing a death cross at high levels, indicating no rebound momentum. The Bollinger Bands are opening downward, and rebounds are consistently being pressed at the upper band.
Trading suggestion: Short in the 90.5-92 range, with targets at 86.5 and 85.
BTC3,03%
SOL4,81%
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