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, SOL is currently trading at $104.8, after a brief dip to $95.9 in the past 24 hours followed by a rebound, with an increase of about 3%, indicating oversold weak correction, with the bearish dominance unchanged.
📊 Key Levels and Indicator Overview
- Resistance: $108-110/$117/$125; Support: $100/$96/$90 (Strong support at $96).
- Moving Averages: 50/200-day moving averages are in a bearish alignment, with the price well below the averages, indicating strong bearish pressure.
- RSI(14): 30-32, moving away from extreme oversold conditions, weak rebound not a reversal.
- MACD( Daily): Bearish crossover downward, bearish momentum not diminished, histogram slightly narrowing.
- Volume: Rebound with decreasing volume, insufficient buying pressure, selling pressure not fully released.
⚙️ Trading Strategies (by Type)
- Contract Strategy (Aggressive): Short at $108-110 during rebound, stop-loss at $112, target $105-100, break below $96, position size ≤2%.
- Spot Strategy (Conservative): Mainly observe, gradually add light positions: 1-2% near $100; add another 1-2% if $96 stabilizes, total position ≤3%, stop-loss below $90.
- Mid-term Strategy (Positioning): If $96 is effectively broken, medium-term target $90-85, wait for weekly volume to decrease and RSI divergence to re-enter position.
⚠️ Risk Management Points
- Contracts: Strictly prohibit high leverage, use small positions + strict stop-loss to prevent liquidation from extreme volatility.
- Liquidity: Rebound with decreasing volume, beware of sharp pullbacks, control slippage risk.
- Intermarket: Closely monitor BTC, US stocks, and regulatory news; macro volatility may intensify oscillations.