#sol#

Based on the current SOL technology analysis, the following contract strategy is formulated:

📊 Current Price: $204.11, 24-hour drop 4.05%

🔴 Short Selling Strategy:
Entry point: Short when bouncing in the $205-207 range
Stop Loss: $212.56 ( Super Trend Line Resistance )
Target 1: $200 ( psychological barrier )
Target 2: $195 ( Bollinger Band lower support )

📈 Technical Signal:
The RSI is at 41.78, in the weak zone.
MACD negative value has expanded to -1.95, indicating strong bearish momentum.
The Super Trend Indicator has shown a "Sell" signal for 10 consecutive hours.
The price has fallen below the EMA12 moving average, indicating a short-term bearish trend.

⚡ Risk Management:
Suggested position: 30-40%
Leverage multiplier: 3-5 times
If it breaks below the $195 support, you can increase your position to the $187 range.

🎯 Key Observation: If the resistance at $212.56 is broken, the strategy will fail, and you need to stop loss and switch to long.

The current technical outlook is bearish, suitable for short-term short-selling operations 📉
#MLP#