SOL rallied to 93.23 before pulling back from highs, with the long bearish candle confirming weakening bullish momentum. Price is under pressure at the Bollinger upper band, with MA7 and MA30 divergence widening excessively, 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 at 93-95, targeting 90-85 breakdown toward previous low at 80.
SOL Analysis
SOL rallied to 93.23 before pulling back from highs, with the long bearish candle confirming weakening bullish momentum.
Price is under pressure at the Bollinger upper band, with MA7 and MA30 divergence widening excessively, 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 at 93-95, targeting 90-85 breakdown toward previous low at 80.