SOL recently followed the market trend and experienced a strong rebound. Currently, the price has reached a key resistance zone on the 4-hour chart. As the trend has not yet reversed and trading volume has not significantly increased, it is more likely to consider this rebound as a dead cat bounce.
Personal suggestion: enter around 135, stop loss at 138, target at 130, if it breaks below 128, then look at 125!
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SOL recently followed the market trend and experienced a strong rebound. Currently, the price has reached a key resistance zone on the 4-hour chart. As the trend has not yet reversed and trading volume has not significantly increased, it is more likely to consider this rebound as a dead cat bounce.
Personal suggestion: enter around 135, stop loss at 138, target at 130, if it breaks below 128, then look at 125!