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Morning suggestion for sol on November 28.
SOL has recently maintained a weak trend. The long upper shadow candlestick formed yesterday is a clear signal indicating that the rebound has encountered strong selling pressure, making it difficult for bullish momentum to sustain. Although the MACD indicator has narrowed in the negative territory, suggesting a potential technical rebound in the short term, this has not changed the overall situation dominated by bears.
The long upper shadow confirms the effectiveness of the resistance above, leading to a rapid weakening of the rebound momentum; the improvement in MACD can only be seen as a short-term technical correction, and currently, the market does not provide reliable evidence of the end of the bearish trend.
Operation Suggestions
Short at the rebound near 143-147, targeting down to 136-130.
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