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6.12 SOL Analysis
Solana's 1-hour Bollinger upper band faces resistance and pulls back, unable to break through the previous high of 67.48, with trading volume continuously weakening, indicating insufficient bullish momentum. The current price retraces to the middle Bollinger band; if it cannot stabilize, it is likely to seek support near the lower band around 66.3.
On the daily chart, the short-term upward trend has slowed down, compounded by the overall market risk appetite being affected by the bloodletting in US tech IPOs, and the crypto sector's funds being tight, Solana may face further correction pressure.
Overall, the short-term resistance is in the 67.3-67.5 range, and support is in the 66.3-66.0 range. The current trend is weak, mainly considering rebound-selling.
Suggestion: 67-69 range, target 64-60. #TradFiCFD黄金大师赛 $BTC $GT $SOL