【$SOL Signal】Empty position + decline accompanied by trading volume anomalies
$SOL Price drops -4.7%, but trading volume remains high (9.73 million), market logic suggests distinguishing between long liquidation or main force distribution. The current market shows clear selling pressure, with no effective buying absorption, so it’s not advisable to catch falling knives.
🎯 Direction: Empty position (NoPosition)
Waiting for price action to give a clear signal: either a structural reversal after panic selling with increased volume (V-shaped bottom or double bottom), or a rebound testing key resistance (such as $105-$108) with signs of supply. Currently in a disorderly decline phase, with risks outweighing opportunities.
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【$SOL Signal】Empty position + decline accompanied by trading volume anomalies
$SOL Price drops -4.7%, but trading volume remains high (9.73 million), market logic suggests distinguishing between long liquidation or main force distribution. The current market shows clear selling pressure, with no effective buying absorption, so it’s not advisable to catch falling knives.
🎯 Direction: Empty position (NoPosition)
Waiting for price action to give a clear signal: either a structural reversal after panic selling with increased volume (V-shaped bottom or double bottom), or a rebound testing key resistance (such as $105-$108) with signs of supply. Currently in a disorderly decline phase, with risks outweighing opportunities.
Trade here 👇 $SOL
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