With SOL’s current trend, it’s clear that bearish momentum is building up. However, I personally think that those holding long positions shouldn’t panic—market volatility is normal, and the key is to maintain your composure.



The price has now pulled back to around 142, which is actually a pretty decent level in the short term. If you’re looking to enter, you might consider setting up a short-term long position here, but remember—set a strict stop loss at 139.2. After all, the market can change quickly, and protecting your principal should always come first.

That’s the nature of the long and short battle—it’s really hard to say who will have the last laugh. What do you all think about this SOL trend?
SOL-0.34%
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AllInAlicevip
· 14h ago
Both drops and rises, this mindset really needs to stay stable, otherwise it's easy to get cut. Hmm... entering short-term longs at the 142 level is still okay, just afraid of a direct break below 139. To be honest, SOL's recent trend is quite complicated, the bears are indeed gathering strength, and I'm just waiting to see who breaks first. Set stop-loss at 139.2, the idea of capital preservation this time is still strong, thumbs up. Actually, it all depends on whether we can hold steady at 142 next; if we can't, then it's time to admit defeat. If the bears break this level, it might shoot down rapidly afterward. Long positions need to hold firm now; avoiding being shaken out is the key. This trend really feels like a psychological game; whoever has a better mindset wins. A bounce back to 142 is considered a reasonable correction, mainly depends on whether this line can be defended. Entering short-term longs now requires courage; it feels like a trend reversal could happen at any time.
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gaslight_gasfeezvip
· 12-09 23:33
The 142 level is indeed interesting, but what worries me more is whether it will crash straight through after 139.2 is broken. The bears are indeed aggressive this time, but to be honest, anyone entering the market now is just betting on a rebound. Who can guarantee it?
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DecentralizedEldervip
· 12-09 23:32
142 is indeed a good entry point, just worried it might dip again.
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OnchainDetectivevip
· 12-09 23:29
According to on-chain data, the buy orders piling up at the 142 level are indeed a bit unusual. We need to take a closer look to determine whether this is genuine demand or a bull trap setup.
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LeekCuttervip
· 12-09 23:24
142 is indeed a good spot to bottom fish, but I’m more optimistic about another dip down. The bears still have strength.
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CoconutWaterBoyvip
· 12-09 23:19
The 142 level is definitely tempting, but with the bears being so aggressive, I'm still a bit hesitant. I'll wait and see for now.
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