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SOL's recent movement is quite interesting. From the 4-hour K-line, yesterday it couldn't go below the 120 level. The selling pressure is clearly weakening, indicating that the bottom support is quite solid. The bears basically have no chance to push it further down.
At this position, the downward space is indeed locked, making it more likely to brew a technical correction. From this perspective, it is more likely to rebound rather than continue falling.
The actual trading strategy is to stick within the 117-122 range. As long as there is a pullback, gradually add to long positions. Don't be too greedy, trade with a light position. Be patient and let the market find its own rhythm. The initial target is to see if it can reach around 140.
Adjust your stop-loss levels flexibly based on your position size. The key is not to be too hasty, give the market enough time to react. Small, steady positions are the way to go.