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SOL breaks below the 50-day EMA, far below the 200-day moving average, showing mid-to-long-term bearish structure; a head-and-shoulders top has formed on the daily chart, with volume-less rebounds serving only as continuation of the downtrend, not a reversal.
Oil prices rising and cooling rate cut expectations are pressuring risk assets; major players lack intention to push prices higher, rebounds lack sustainability, set up shorts around resistance levels.
Suggestion: set up short positions in the 89-91 range, targeting 85-80, stop loss at #Gate13周年全球庆典