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SOL showed a generally oscillating upward trend yesterday, but the resistance level around 86 never stabilized, repeatedly touching the resistance zone and falling back under pressure, indicating a weak overall rhythm.
Currently, the price is fluctuating around 85, and the short-term rebound is more of a correction after a decline rather than a trend reversal.
From the four-hour structure, the rebound was repeatedly blocked, with obvious resistance above, and both volume and momentum failed to keep up, indicating insufficient bullish continuation.
Technically, the area around 86 remains a key resistance zone, and until a clear breakthrough occurs, the overall remains in a weak consolidation pattern.
Below, watch the support at 83; if broken, the space could further open up.
For intraday trading, prioritize shorting on rebound resistance.
Consider placing partial short positions around 86-87, targeting the 83 level; if the price drops without continuation, then consider participating in short-term long positions at lower levels to rebound.
Jaundice
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86
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