7.20 Sora $SOL shorting plan

Entry: Short from 75.90 - 77.00
Stop loss (defense): Around 77.55
First target: 75.40 - 75.70
Second target: 74.90 - 75.20
Sora surged early in the session and touched the 77.38 peak; after that, the incremental long capital directly fell off, and the whole move printed a step-like and sluggish decline. Each small rebound kept making lower swing highs. Short-side selling pressure kept releasing, and the weak bear market structure fully took shape. The early-session surge was only a short-term impulse that lured longs, with no sustained buy-side support. The broad pressure zone of 75.90-77.00 accumulated a large amount of long profit-taking sell orders and previously trapped positions. In the short cycle, MACD and KDJ kept diverging downward, and the bearish trend’s continuation strength was extremely high. Multiple small rebounds on the chart were unable to reverse the downtrend structure. There was weak support at the lower lows; as long as price fails to rise with volume and hold above 77.55—the prior high defense level—this downward trend would not be broken, and there should be room for an even deeper pullback. Therefore, widen the entry range to allow staged limit orders. Set take-profits in tiers to gradually reduce position size and lock in gains. Today’s main trading idea is to short on rebounds that fail under pressure, relying on the larger pressure zone above to place shorts and staying in sync with the bears’ downward pace to trade for depth in the pullback. #中软国际携手月之暗面布局AgenticAI