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SOL broke below the 50-day EMA, well below the 200-day moving average, indicating a mid-to-long-term bearish trend; a head-and-shoulders pattern formed on the daily chart, with volume-less rebounds serving only as a continuation of the decline, not a reversal.
Rising oil prices and cooling rate-cut expectations are pressuring risk assets; major players lack intent to push prices higher, rebounds lack sustainability, position shorts around resistance levels.
Suggest shorting in the 89-91 zone, targeting 85-80, stop-loss #Gate13周年全球庆典