1.12 Morning SOL Public Strategy | Range Trading Clarity, High Sell Low Buy with Methodology
After a short-term rebound from lows, SOL has entered a range-bound consolidation. The 1-hour rebound momentum still exists, but the medium-term downtrend on the daily chart remains unchanged. The core battle between bulls and bears is focused on the 135-142 range. The technical indicators show a bullish alignment, with the KDJ golden cross diverging upward and not entering overbought territory, indicating sufficient short-term rebound momentum; the upper band of the Bollinger Bands at 143 presents immediate strong resistance, with multiple attempts to break through but unsuccessful, currently in a pre-breakout consolidation phase. ✅ Trading Strategy: Precisely short in the 140-142 range, targeting directly at 130; if the downward momentum at the target level weakens, consider reversing to go long.
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1.12 Morning SOL Public Strategy | Range Trading Clarity, High Sell Low Buy with Methodology
After a short-term rebound from lows, SOL has entered a range-bound consolidation. The 1-hour rebound momentum still exists, but the medium-term downtrend on the daily chart remains unchanged. The core battle between bulls and bears is focused on the 135-142 range.
The technical indicators show a bullish alignment, with the KDJ golden cross diverging upward and not entering overbought territory, indicating sufficient short-term rebound momentum; the upper band of the Bollinger Bands at 143 presents immediate strong resistance, with multiple attempts to break through but unsuccessful, currently in a pre-breakout consolidation phase.
✅ Trading Strategy: Precisely short in the 140-142 range, targeting directly at 130; if the downward momentum at the target level weakens, consider reversing to go long.