The sharp decline aligned with expectations, reaching a precise low of 88.5; subsequently experienced minor rebound correction, currently oscillating around 90. The four-hour chart shows consecutive declines with partial recovery of weak space, receiving short-term support at the lower band; MACD double line death cross pointing downward, downtrend continuation. On the hourly chart, the rebound from 88.5 support shows small positive candles, but with extremely weak momentum and feeble rebound strength, constituting oversold recovery.
3.19 SOL
The sharp decline aligned with expectations, reaching a precise low of 88.5; subsequently experienced minor rebound correction, currently oscillating around 90.
The four-hour chart shows consecutive declines with partial recovery of weak space, receiving short-term support at the lower band; MACD double line death cross pointing downward, downtrend continuation.
On the hourly chart, the rebound from 88.5 support shows small positive candles, but with extremely weak momentum and feeble rebound strength, constituting oversold recovery.
Rebound to 92-94 range watch 88-54$SOL