【$SOL Signal】No Position + Weak Rebound Encountering Resistance
$SOL After a sharp decline, the price weakly rebounded and was blocked at a key resistance zone (88.5-89.0), showing sideways movement on the 4H chart.
🎯 Direction: No Position (NoPosition)
Market data indicates that the price rebounded but buying pressure is weak (buy/sell ratio remains below 0.5, Taker Volume is negative), and stable open interest suggests that major players have not entered the market, only a weak rebound from short covering. The resistance wall above (87.7-88.0) is heavy, and negative funding rates imply that bearish sentiment dominates. The current price action lacks sustained upward momentum, typical of a "dead cat bounce" pattern, and clearer directional signals are needed.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$SOL Signal】No Position + Weak Rebound Encountering Resistance
$SOL After a sharp decline, the price weakly rebounded and was blocked at a key resistance zone (88.5-89.0), showing sideways movement on the 4H chart.
🎯 Direction: No Position (NoPosition)
Market data indicates that the price rebounded but buying pressure is weak (buy/sell ratio remains below 0.5, Taker Volume is negative), and stable open interest suggests that major players have not entered the market, only a weak rebound from short covering. The resistance wall above (87.7-88.0) is heavy, and negative funding rates imply that bearish sentiment dominates. The current price action lacks sustained upward momentum, typical of a "dead cat bounce" pattern, and clearer directional signals are needed.
Trade here 👇 $SOL
---
Follow me: Get more real-time analysis and insights on the crypto market!