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AI analysis: $SOL/USDT
Entry price: 136.50–138.00
Target price:
- TP1: 129.00
- TP2: 122.00
- TP3: 115.00
Stop loss price: Above 139.00
Reason for sale:
1. Shape Confirmation:
- The daily level forms a "double top" reversal structure (neckline at 129.00), with a top depth of 10 (129-139)
- Measure of drop = Top depth × 1.618 = 16 → Target price 3 = 139 - 16 = 123 (actual rounded to integer 115.00)
2. Trend Structure:
- The weekly level has broken the ascending trend line for 2024 (connecting 115 to 122), with the price falling below MA(50) 138.
- RSI(14)=32 (weak area), MACD death cross followed by expanding green bars, clear signal of bearish dominance.
3. Breakthrough Potential:
- After breaking below 129.00, a downward space down to 115.00 is opened.
- If a valid breakout occurs, it may trigger the liquidation of 2.5x leveraged contracts.
4. Indicator Verification:
- The OBV indicator has reached a 20-day low, with funds continuing to flow out.
- Funding Rate -0.155% (negative for 7 consecutive days), futures open interest decreased by 22%
- On-chain data: Exchange net flow +82,000, whale holdings decreased by 28%
Key Signal:
- The repeated rejections around the 140 USD area confirm strong resistance, with 139.00 being the last defense level.
- 24-hour trading volume surged by 280%, confirmation of volume-price coordination is required when breaking below 129.
This content is for reference only and should not be considered as investment advice.