5.26 Tuesday midday SOL outlook

Today, SOL's current price is around $85, generally following the market to stabilize and fluctuate, with the current sideways range being a consolidation phase in the upward trend, indicating accumulated strength for a rally.
From a technical perspective, the key support at $84 has been tested multiple times with effective validation, with selling pressure gradually releasing, and downward momentum weakening step by step; the 4-hour MACD bearish green bars are continuously narrowing, signaling increasing bullish momentum, and the price has stabilized above short-term dynamic support.
Once the volume breaks through the resistance level of $87-88, it will directly open up space for a rebound and upward movement.
As a highly elastic mainstream blockchain token, the SOL ecosystem's activity level is steadily increasing, with institutional funds continuously accumulating at low levels.
Currently, Bitcoin is stabilizing and strengthening, driving the overall market risk appetite to warm up. Short-term fluctuations are just a phase of consolidation, and as long as the core support below is not broken, the bullish rebound structure remains intact.
Subsequently, it will follow the market trend to initiate a strong recovery.
Trading suggestion: 83-81
Target: 86$BTC $ETH $SOL