3-18 SOL Short-term Trading Strategy
SOL experienced a rapid short-term rally to around 97.7 but encountered significant resistance pressure. Bullish momentum has gradually weakened, failing to sustain the strong breakout momentum. Currently, price is trading at a phase-high level with insufficient volume support. The risks of chasing long positions have risen significantly, making it inadvisable to blindly follow the trend.
The overall market structure has entered a high-level consolidation and adjustment phase, which is better suited for a strategy focusing primarily on shorting, supplemente
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