After a decline to the low of 190 at the hourly level, SOL has rebounded and is currently consolidating in a relatively low position.
The downward momentum has weakened in the early stage, and there is a possibility of a rebound forming a bottom, with the overall trend shifting towards bullish. Go long near 205, defend at 202, and target 230.
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9.29 SOL Market Analysis
After a decline to the low of 190 at the hourly level, SOL has rebounded and is currently consolidating in a relatively low position.
The downward momentum has weakened in the early stage, and there is a possibility of a rebound forming a bottom, with the overall trend shifting towards bullish.
Go long near 205, defend at 202, and target 230.