1. Current Price and Overview (June 12, 2026, 12:00 UTC+8)

• Current Price: $66.70 (24h +4.0%)

• Intraday Range: $62.34 (low) — $67.42 (high)

• Core Judgment: Major long-term bearish trend, short-term oversold rebound, linked to BTC recovery, mainly shorting on rebounds
2. Key Price Levels (SOL/USDT Contract)

Support Levels

• Strong Support: $60.00–$61.5 (key bottom in this decline, breaking below indicates extreme weakness)

• First Support: $63.00–$63.50 (short-term bull-bear dividing line)

• Second Support: $64.50 (intraday correction support, break below ends rebound)

Resistance Levels

• First Resistance: $67.20–$67.50 (intraday high + supply zone, difficult to break in one go)

• Second Resistance: $68.50 (4-hour Bollinger middle band, strong rebound resistance)

• Strong Resistance: $70.00–$72.50 (daily MA20/50, medium-term bearish defense line)
3. Technical Analysis Breakdown

1. Daily Chart (Trend: Bearish Dominance)

• Moving Averages: MA20/50/200 all downward, clear bearish alignment, price well below MA200 ($101)

• RSI: 34, slight rebound after oversold, no reversal signal

• MACD: below zero line, green bars converging, weakening bearish momentum, rebound as correction

• Conclusion: Daily trend remains bearish, rebound is a shorting opportunity

2. 4-Hour Chart (Rebound Structure: Oversold Correction)

• Pattern: Double bottom near $62, V-shaped rebound, consecutive bullish days

• RSI: 58, neutral leaning bullish, no overbought, room for further rebound

• MACD: bullish divergence + golden cross, short-term bullish momentum strong

• Moving Averages: above MA5/10, confirmed short-term bottom

3. 15-Minute Chart (Short-term Rhythm: Oscillation Slightly Bullish)

• Structure: Rising channel, highs gradually rising

• Volume: increasing during rebound, decreasing during correction, buying pressure still decent

• Conclusion: Short-term oscillation leaning bullish, high levels prone to pullback, avoid chasing highs
4. Core Logic and Trading Recommendations

Core Logic

• Major Trend: Daily chart bearish, rebound not reversal, mainly shorting on rallies

• Short-term: 4-hour correction rebound, small long positions possible, take profits when good

• Key Point: $67.50 is a key dividing line, watch $68.50 for confirmation, breaking below indicates return to weakness

Contract Trading (Short-term)

• Long Positions: Light positions at $64.50–$65.00, stop-loss at $63.80, target $67.00–$67.50

• Short Positions: Light positions at $67.20–$67.80, stop-loss at $68.50, target $65.00–$63.50

• Mid-term: Gradually short near $70, stop-loss at $73, target $62–$60
5. Risk Warning

• Insufficient rebound volume, beware of double bottom

• Strong linkage with BTC, BTC correction can easily drag SOL down

• Position ≤20%, strict stop-loss, do not hold large positions or over-leverage
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