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【$SOL Signal】Short | Volume decline accompanied by abnormal open interest
$SOL In the volume decline, price action indicates selling pressure dominates. Coupled with high open interest, there is a risk of passive long liquidation or main force distribution.
🎯 Direction: Short (Short)
🎯 Entry: 127.5 - 129.0
🛑 Stop Loss: 131.5 (Rigid Stop Loss)
🚀 Target 1: 122.0
🚀 Target 2: 117.0
Price decline accompanied by significant volume and open interest, which is not a healthy correction. Market logic suggests long positions are being liquidated or actively sold off. Key support levels have been broken, rebounds are weak, and as long as the price cannot quickly recover above the 129.0 region, the downward path will remain open.
Trade 👇 $SOL
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