SOL has been oscillating around $144.8 recently. From the 15-minute candlestick chart, the buying momentum is clearly weakening. The price has already pushed into a strong resistance zone. According to conventional technical analysis, this is likely to trigger a correction phase—after all, technical indicators are overbought and need to pull back for a reset.



If you want to short SOL here, consider this approach:

Enter the position in the range of 144.5-145.5 for relative safety. Set the stop-loss above 148.2; a break above this level indicates that the bulls still have strength, and you should exit the position.

The first target is 138.0, and a more aggressive second target could be 132.0. Both levels are previous support zones with significant volume, so the probability of a pullback past these points is still considerable.

The overall logic is: bullish momentum has been exhausted, and a short-term correction is needed. This phase presents a shorting opportunity.
SOL-4,09%
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MelonFieldvip
· 9h ago
144.8 is indeed a bit precarious; buying pressure is very weak. I don't believe 132 can really fall below that; the historical support is right there. However, the idea of shorting this wave isn't bad; it's just that the stop-loss is set too tight.
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StablecoinEnjoyervip
· 9h ago
144.8 this level is honestly a bit delicate, I'm more concerned about whether the stop loss at 148.2 will be directly blown through... Anyway, I'm not gambling anymore, holding coins and sleeping peacefully. Overbought signals look comfortable, but SOL always likes to catch you off guard.
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PhantomHuntervip
· 9h ago
144.8 this level really can't hold anymore, feels like it's going to break Can the gamble on 148.2 hold? Anyway, I don't believe it The previous volume support was all paper-thin, maybe it'll drop straight down Overbought is so obvious... bears can try to push a wave Stop-loss set so tight, but still feel like it will be swept away
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