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【$SOL Signal】Empty position, wait for the downtrend momentum to be confirmed as exhausted
$SOL Price decline accompanied by high trading volume and open interest, alerting to the risk of a short squeeze triggered by bullish liquidation. The market shows selling pressure dominance, with no clear reversal or absorption pattern.
🎯 Direction: Empty position
The current strategy is to wait and see. The price needs to establish a clear buy absorption and reversal signals (such as bullish engulfing, pin bar) in the key support zone (e.g., $95-$98) before considering a bullish position. Otherwise, a downward move with the trend remains the higher probability path.
Trade 👇 $SOL
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