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4.9 Early Morning SOL Analysis
SOL today, after meeting resistance at the 84.96 high, oscillated and then pulled back. The bears gradually gained momentum, and the lowest price probed down to around 82.47, with the short-term bearish momentum seeing a clear release. Currently, the price has stabilized in the 82.47-82.84 region. Market sentiment is becoming more cautious, and selling pressure has eased somewhat. From the chart, after the price retreated from the high by about 2.5 points, short-term support has formed at 82.40-82.50, and technical rebound demand is gradually strengthening. At the same time, the 83.00-83.50 range is a key level for the long/short transition; if it can effectively hold above this zone, there is potential for further upside testing of the 84.00 level.
SOL Trading Suggestions
Entry Range: Go long at 82.40-82.80, targeting 83.50-85.00
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