The $141-144 SOL area overlaps with the previous rebound high and the 20-day moving average, forming dual resistance. Three failed attempts to break through followed by pullbacks have validated the effectiveness of this resistance in the market. Currently, rebound volume has shrunk by 37% compared to previous highs; a low-volume rebound facing resistance is a classic sign of weakness, making this a good opportunity for short positions.
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The $141-144 SOL area overlaps with the previous rebound high and the 20-day moving average, forming dual resistance. Three failed attempts to break through followed by pullbacks have validated the effectiveness of this resistance in the market. Currently, rebound volume has shrunk by 37% compared to previous highs; a low-volume rebound facing resistance is a classic sign of weakness, making this a good opportunity for short positions.
Trading suggestion: Short SOL at $141-143, target $136.
$GT $GUSD $SOL
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