SOL at the 147.2 resistance level is not yet an urgent point for bears to enter. If we talk about the truly worthwhile price to short, I prefer to wait until above 152 before taking action.



Specifically, you might consider a small short position around 149 for a short-term trade, then gradually add to the position between 149 and 150. Once above 152, that would be a good time to take profits after a light short position earlier, and to re-establish a short position — note that this is not the point to add more, but the entry point for a new round of shorts.

The technical outlook for SOL in the near term still requires close observation of these key price levels.
SOL0.03%
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