#SOL Beware of a Rebound

Jul 16

📊#SOL Beware of a Rebound 📈

🧠From a structural perspective, the 4-hour bullish structure remains intact. Unless we break below L (74.06) again, the probability of further gains remains high.

➡️Therefore, if we can stabilize in the S/R zone, we have a chance to see $80, $85, or even $92!

⚠️Risk management is essential for long-term survival in this market; please don't ignore it!

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# SOLUSDT.P

Jul 17

Trade closed: stop reached

#SOL Update

Unfortunately, we ultimately failed to hold the S/R zone and continued to fall below the low L, triggering stop-loss orders for long positions!

This also means that the double bottom pattern on the 4-hour chart has failed, and the probability of rising to the $92 target has been significantly reduced. Therefore, please cancel your limit short orders near $92!

Short-term support is currently around $69.