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SOL experienced a V-shaped reversal with a rapid rebound, but the overall long-term bearish structure has not been broken. This rally seems more like a corrective rebound during a decline rather than a trend reversal.
During the rebound, trading volume failed to sustain growth, indicating that the bullish momentum is weakening. After hitting the high, the price showed obvious fatigue and quickly retreated, with key resistance levels firmly suppressing upward movement. The likelihood is higher that the price will revert to a weak downward trend. Currently, the outlook is bearish.
Trading suggestion: Short near 83-83.8, targeting 81.7-80.9, with a break below 79.2.