SOL is currently stuck in a sideways consolidation at $84, with hidden main force risk of shaking out longs above $86.



Because the Federal Reserve's rate cut delay discourages off-market funds from entering, the market is only left with existing funds competing against each other. Although SOL's fundamentals are excellent, short-term upward momentum is insufficient, and profit-taking is also continuously escaping.

Key market levels:
Resistance: $85.8-$86
Support: $82

Trading ideas:

1. Buy on dips at $82 without breaking below, stop loss below $81.8

2. Short on rebounds at $86-$87, stop loss at $88

3. Break above $86 to go long with the trend, break below $82 to go short directly, with a target of $78 below $SOL
SOL1.03%
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