Sol midday thoughts, short-term bias is bearish but the medium-term bullish structure remains intact. Consolidation is a process of gathering strength. The core strategy is to primarily buy on dips and use short positions as assistance, strictly implementing phased position building and stop-losses. After a volume breakout, add to positions accordingly.
EMA7/20/30 are in a bullish alignment but the slope is slowing down. The price is oscillating between EMA7 and EMA30, indicating weakening short-term momentum; as long as it stays above 140.5, the medium-term upward structure remains, but a break below shifts to range-bound consolidation.
Build positions in the 130-132 range in phases, targeting 143-144.5. If volume breaks out, move the stop-loss up to 142, aiming for 146-147.#SOL
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Sol midday thoughts, short-term bias is bearish but the medium-term bullish structure remains intact. Consolidation is a process of gathering strength. The core strategy is to primarily buy on dips and use short positions as assistance, strictly implementing phased position building and stop-losses. After a volume breakout, add to positions accordingly.
EMA7/20/30 are in a bullish alignment but the slope is slowing down. The price is oscillating between EMA7 and EMA30, indicating weakening short-term momentum; as long as it stays above 140.5, the medium-term upward structure remains, but a break below shifts to range-bound consolidation.
Build positions in the 130-132 range in phases, targeting 143-144.5. If volume breaks out, move the stop-loss up to 142, aiming for 146-147.#SOL