SOL Market Review + Today's Thoughts
Last night it surged to around 93.5 but couldn't go higher, directly falling back, and in the morning it dipped again to 90.5, which was basically exactly as predicted.
The short position given before at 93—90 also successfully captured that range.
What to do today? The idea is very simple:
First, focus on the support at the 90 level:
If it breaks below 90, then continue to look for a downward movement, target 89.6—88.5
If it holds at 90—89.5, then there might be a rebound, looking up to 92 → 93 → 94
In summary:
If it breaks, go with the shorts; if it doesn't break, look for a rebound, just follow the rhythm.