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9.29 Afternoon SOL Market
The current price of SOL is close to the upper band, which significantly suppresses the price, with limited upward space in the short term and strong demand for a pullback.
RSI Indicator: RSI1 is 66.25; although it has not entered the overbought range, it has pulled back from the previous high, indicating a reduction in bullish momentum.
MACD Indicator: The MACD histogram is shrinking, with signs of turning for DIF and DEA. The bullish trend is reversing, and the bearish strength is gradually taking over.
Suggestion: Short at 210-211 line, target: 207, 204, 201