3.17 Midday Trading Ideas

SOL attempted a push to 97 this morning but failed to hold the level and was quickly pulled back down. The long upper wick on the candlestick chart indicates significant selling pressure above, suggesting the bulls' momentum is losing steam. Looking at the indicators, the price just touched the upper Bollinger Band but couldn't break through, and KDJ has formed a bearish crossover from high levels. All signs point to a potential pullback in the short term.

Trading Recommendations:
Short on rebounds near 96-98, with targets down to 92-88.
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