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November 21st midday SOL
SOL continues to be under pressure at the middle band of the Bollinger Bands, with a bearish pattern as stable as Mount Tai! The MACD turning red below the zero line is a classic trap, familiar operation!
The narrowing of the Bollinger Bands hides danger; with sustained energy accumulation, the lower band’s critical support is now on the verge of collapse. The bearish signals for the future market are clear and unmistakable!
Place a short position directly around 135, targeting the 125 area!
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