SOL Analysis



SOL rallied to a high of 93.23 and subsequently pulled back from the peak, with a long bearish candlestick confirming the exhaustion of bullish momentum.
Price is under pressure at the Bollinger Band upper rail, with excessive deviation between MA7 and MA30, intensifying short-term pullback pressure.
Operationally, it is recommended to go short with the trend. Watch resistance at 92.64-93.23 above, and support at 91.26-89.23 below.

Operational Suggestion: Short position from 93-95 level, target 90-85 for breakout, looking towards the previous low at 80.
SOL0.87%
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