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【$SOLUSDT】This wave of data is off, deep breakdown
$SOLUSDT Normal intraday fluctuation period, obvious signs of buying depth fracture. 4-hour MACD histogram contracting, 1-hour fast/slow line death cross, long momentum weakening. Price hovering in upper half of Bollinger Bands, but trading volume plummeted from yesterday's massive 11.43 million to less than 500 thousand in current hour, volume-price divergence. Order book shows selling pressure above 90.35 far thinner than buying depth below, fund support intent exposed, but lack of willingness to actively push higher. Don't catch falling knives, wait for stabilization.
Current price hovering around 90.36, if it breaks below 89.07 it confirms short-term weakness, can try light short position, stop loss placed above 90.80. First support below at 88.30, second target 86.50. If price can firmly stand above 91.70 with volume increase, then consider long re-entry. Current risk-reward ratio acceptable, but need to be alert to liquidity traps.
View real-time quotes 👇 $SOLUSDT
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