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SOL Analysis
SOL rallied to a high of 93.23 before pulling back from elevated levels, with a long bearish candle confirming exhaustion of bullish momentum.
Price is trading under pressure at the Bollinger Band upper rail, with MA7 and MA30 showing excessive divergence, intensifying short-term pullback pressure.
Operationally, it is recommended to trade with the trend and go short at highs. Watch resistance at 92.64-93.23 above, and support at 91.26-89.23 below.
Trading Recommendation: Short 93-95 zone, target 90-85 breakdown looking toward prior lows at 80.