$SOL Crypto Circle Academician: The first effective rebound of the downtrend line on 5.21! SOL around 86, how to judge the authenticity of the rebound breakout? Latest market analysis and trading suggestions explained


  
  Brothers playing SOL, raise your hand! Isn’t the recent market making you confused? Bought the dip and it dropped, cut the meat and it rose, getting slapped back and forth, almost breaking your mental state? Stop guessing the direction blindly! Today, I’ll lay out SOL’s dual-cycle market clearly, from moving averages, MACD to Bollinger Bands, explaining every signal thoroughly, with buy and sell points and stop-losses arranged clearly. After reading, you’ll know how to operate next, no more acting like a headless fly!
  
  Looking at the 2-hour cycle, SOL’s current price is 86.48. Since rebounding from the low of 81.40, it has broken above the short-term moving average group, but the medium-term moving averages are still descending, indicating the rebound has not changed the overall downtrend. The MACD indicator has formed a golden cross with red bars continuing to expand, showing upward momentum is gradually releasing, and the Bollinger Bands’ middle band at 85.57 provides strong support, with the upper band at 87.46 acting as short-term resistance. The price is currently within the rebound channel between the middle and upper bands. If it can hold above 87 in the short term, there’s a chance to test 88.5 further; otherwise, it’s likely to return to sideways decline.
  
  On the 30-minute cycle, the price remains above the Bollinger Bands’ middle band with sideways movement. Short-term moving averages are trending upward, indicating the small-term trend is still bullish. But the MACD has shown signs of a death cross, with red bars shrinking, and upward momentum weakening significantly. The price has tested the upper band multiple times without success, indicating insufficient buying strength. In the short term, it’s likely to retest the support near the Bollinger Bands’ middle at around 86.6. Overall, the small-term bullish momentum is lacking, and a pullback to gather strength is needed. Currently, chasing longs is risky; wait for a pullback and stabilization before considering.
  
  Long and short entry points
  
  Long strategy: buy on pullback at 86.0-86.2, stop loss at 85.5, target 87.3-87.5, break above to watch 88.2
  
  Short strategy: sell on rebound at 87.3-87.5, stop loss at 88.0, target 86.0-85.8, break below to watch 84.5 ‌#灰度购入超51万HYPE并质押
SOL0.73%
HYPE2.35%
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