SOL today rebounded from a low of 78.30 and then fluctuated upward, reaching a peak around 81.15, but selling pressure began to gradually emerge, and the bullish momentum weakened. The current price is around 81.00, and the market sentiment tends to be cautious, with increasing technical correction needs. From the chart, the price rebounded approximately 2.8 points from the lowest level, but the area 81.00-81.50 forms a short-term resistance, while the level 80.00 below is a key support. If it cannot break through effectively, the price is expected to decline again to test the area 79.50-78.80.
SOL today rebounded from a low of 78.30 and then fluctuated upward, reaching a peak around 81.15, but selling pressure began to gradually emerge, and the bullish momentum weakened. The current price is around 81.00, and the market sentiment tends to be cautious, with increasing technical correction needs. From the chart, the price rebounded approximately 2.8 points from the lowest level, but the area 81.00-81.50 forms a short-term resistance, while the level 80.00 below is a key support. If it cannot break through effectively, the price is expected to decline again to test the area 79.50-78.80.
SOL Trading Suggestion
Entry Area: Short around 80.80-81.20, targeting 79.50-78.80#GateSquareAprilPostingChallenge