SOL's recent market movement is quite interesting. Last night, it surged to around 139. From a short-term perspective, the bulls still have some momentum, but the problem is—it's unable to push higher, and each attempt is weaker than the last. Every time it approaches a key resistance level, it seems somewhat powerless, which is not a good sign.
My judgment is that until the critical resistance at 140 is substantively broken, the overall trend should still be treated as a pullback under pressure. Instead of guessing the top, it's better to wait and see if we can short the market accordingly.
From an operational standpoint, the area between 139 and 140 can be considered for short positions. The first target below is 130, and if it breaks below that, continue to watch the support around 125. Currently, there's no rush; wait until the structure becomes clearer before taking action.
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ImpermanentPhilosopher
· 23h ago
The position around 139 is indeed a bit awkward; if you can't push it up, then it's a signal.
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If you can't break 140, be prepared for a pullback. I see this rhythm very clearly.
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Wait until the structure is clear before taking action, otherwise, you risk being smashed.
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The bulls lack strength; each time is worse than the last, and that's enough.
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Whether 130 can hold is the key; if it breaks, then look at 125.
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Why rush? This kind of market is the easiest to trap people.
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Short positions at this level still make some sense; I'm also observing.
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Repeatedly testing 139 to 140, the signs are not very good.
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Instead of guessing the top, it's more stable to wait for a confirmed signal.
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Weak momentum indicates a bearish trend; there's no need to overthink it.
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MetaEggplant
· 01-08 08:43
140 can't be pushed up again. This time, there's really no strength left. Just set up the short positions and wait to profit from the move.
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CryptoFortuneTeller
· 01-07 08:28
If 140 can't be broken, then you have to run. This time, the strength was indeed weak.
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BlockTalk
· 01-06 02:57
When will this barrier of 140 be broken? It feels like the bulls are a bit weak.
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HodlOrRegret
· 01-06 02:56
If 140 can't be broken, then keep pushing down; this wave really isn't worth it.
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It's the same familiar pattern again: if you can't push up, it's time to run.
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Is this the moment to set up short positions at 139-140 resistance?
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The strength is decreasing each time; this signal is very clear—sell on rebounds.
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Wait until the structure is clear before acting; I respect that, but I haven't decided what to do if 130 breaks.
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SOL seems a bit tired this wave; set up short positions.
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It's really uncomfortable not being able to push through the resistance level; the probability of going down is indeed higher.
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130 is the current hurdle; if broken, then look at 125. A conservative approach.
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I think it's worth considering placing short positions at 139.
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If it can't be pushed up, it's time to change the approach; the bulls are losing momentum this wave.
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ChainProspector
· 01-06 02:54
It's indeed a bit disappointing that we can't push above 140. The current strength is much weaker than last time, and it feels like it's going to crash.
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It's the same old trick. Every time they say "wait and see," and as a result, we miss the opportunity.
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If it hits the bottom at 130, I'll buy in directly. If it can't hold at 125, then I really have to admit defeat.
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Can we stop hesitating and just give a clear downward target?
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I feel the same way. The bullish momentum has clearly weakened. To be safe, it's better to short.
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A short position around 139-140 seems promising; it feels like there's a real chance to push down.
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No need to rush. Wait until the structure is clear before taking action. I'm tired of hearing that advice.
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If it can't be pushed up, then it should be pushed down. Sol's move is just a trap to catch people.
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If the 130 support level is truly broken, then it's not just a simple pullback.
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The strength is weakening each time, indicating that the bulls are really losing confidence.
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TokenCreatorOP
· 01-06 02:44
If it can't break through 140, then accept defeat. Shorting this wave is a safe bet.
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It's the same story every time. We keep saying wait for a clear structure, but SOL has already flown away.
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130 is the real test of strength. It has rebounded a few times before.
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If it can't push up, it means no one wants it. This signal is quite obvious.
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I just want to know if it can hold at 125. Otherwise, it'll be another meat-cutting festival.
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It's a bit interesting. Looks like I need to prepare for both scenarios.
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The 139 wave didn't go up, so it's indeed weak, but don't be too bearish. The rebound can come quickly.
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Short positions are definitely worth setting up, but the timing is crucial.
SOL's recent market movement is quite interesting. Last night, it surged to around 139. From a short-term perspective, the bulls still have some momentum, but the problem is—it's unable to push higher, and each attempt is weaker than the last. Every time it approaches a key resistance level, it seems somewhat powerless, which is not a good sign.
My judgment is that until the critical resistance at 140 is substantively broken, the overall trend should still be treated as a pullback under pressure. Instead of guessing the top, it's better to wait and see if we can short the market accordingly.
From an operational standpoint, the area between 139 and 140 can be considered for short positions. The first target below is 130, and if it breaks below that, continue to watch the support around 125. Currently, there's no rush; wait until the structure becomes clearer before taking action.