$SOL This wave of movement surged higher but failed to stabilize; after touching around $88, it faced resistance and pulled back, unable to hold the high, currently consolidating in the $82-$85 range.



Short-term resistance is clearly visible: $85.5 is the first resistance level, with $86.8 and $88 still being key resistance points. For the market to regain strength, it must effectively break and hold above $88.

Support below remains effective; the support at the $82.5-$83 range still holds. If the bulls can firmly defend this level, there is still a possibility of another rebound.

Risk warning: Once the $83 support is effectively broken, the downside space will open up completely, with the price potentially dropping to $80 and $75 levels.

Summary: The current market is in a tug-of-war between bulls and bears, with an unclear direction. Resistance above suggests caution against a pullback, while support below remains intact, leaving room for a rebound. Trading should mainly wait and see for a clear trend.
SOL2.22%
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