SOL shows signs of losing upward momentum! Clear resistance above 86, short-term pullback risk is being released.

Current Price: 86.21
First, the conclusion: SOL has entered a high-level consolidation phase after a continuous rebound, showing signs of weakening; short-term momentum is insufficient, and the intraday trend is more inclined toward a “consolidation and pullback structure,” but it still remains within the range and is not a one-sided market.

  1. 4-Hour Level: Rebound has ended, entering a high-level, slightly weak consolidation zone

Failed to push above 88-90 range and continues to decline

The high point failed to rise further, with obvious weakening of momentum

MACD is pulling back from high levels, with the red bars shortening

Bollinger Bands are narrowing, and the price is returning to the middle band

Core judgment:
The 4-hour chart shows a slightly weak consolidation after the rebound

  1. 1-Hour Level: Short-term structure turning weak, decline momentum forming

Rebound is repeatedly pressured in the 86.8-87.5 zone

Multiple failed attempts to push higher, forming resistance

Moving averages are starting to flatten and slightly turn downward

MACD bearish momentum is gradually strengthening

Short-term rhythm:
Push higher → stagnation → increased expectation of decline

  1. Intraday Trend Projection
    If unable to regain and hold above 87.5:

More likely to see sideways downward movement today

First support around 85.5

If broken, may extend to the 84 zone

  1. Direct Trading Strategy (as required)
    Direction: Short (market order)

Entry Price: around 86.21

Take Profit:
First TP: 85.35 (about -1%)
Second TP: 84.48 (about -2%)

Stop Loss:
Stop loss level: 87.50 (about +1.5%)

  1. Key Reminders

If the price strongly breaks through and stabilizes above 87.5 → bearish logic invalidated

If it falls below 85 → downside acceleration possible

SOL-0.27%
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