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$SOL Rapid rise and pullback analysis, the current price is around 88.45, with the price breaking below the short-term moving average support, intensifying the short-term bulls and bears struggle.
The resistance levels above are concentrated in the 89.0-90.4 range, with strong resistance at the previous high of 90.39;
The support below is first seen at the 87.6 level, and if it fails to hold, then look towards around 86.0.
The 1-hour MACD shows a death cross downward, with the red histogram turning green, indicating that the overall upward momentum is weakening.
In the short term, the trend is mainly oscillating and slightly weak, with rebounds facing resistance, so consider light short positions.
If support is tested and stabilizes, then consider low-position long entries. #BTC回调