Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Many people have been asking recently about the future of SOL, especially beginners who are always wondering whether to add to their position or try to catch the bottom. I’ll be straightforward about what I’ve observed: entering the market now to catch the bottom is premature, but for traders who understand technical analysis, there is indeed a short-term opportunity worth关注——provided you have clear trading discipline.
Here comes the key point. In the 125-128 range, SOL has clearly shown signs of fatigue. You might not fully understand this statement, so let’s look at it from another angle: imagine a runner rushing toward the finish line, suddenly dragging their feet and breathing heavily—body signals indicating they are about to stop. The market behavior is similar—momentum of the rally is waning, especially on higher timeframes, where a "rejection of upward movement" candlestick pattern has already formed. Specifically, whenever the price approaches around 126, heavy selling pressure emerges. This force isn’t typical retail traders; it’s clearly institutions or large funds gradually exiting the market.
Based on this judgment, I’ve developed a short-term trading strategy. The entry zone is set between 125.50 and 126.80—this isn’t random. This range sits right at the core of the resistance zone, allowing for a relatively favorable entry cost and a clearer view of whether the price will break upward or fall back again.
But I must emphasize: this is just a personal technical analysis and does not constitute investment advice. Trading involves risks. Make sure to manage your risk and set stop-losses properly before操作, and avoid blindly copying others.