SOL Analysis (Short)


Currently around 72.46, slightly down by 0.03%, with minimal intraday volatility
The middle band of the Bollinger Bands continues to support the price, with short-term support stable
Trend
1. The previous low of 70.76 initiates a round of recovery and rally, oscillating upward to gradually recover previous gains, reaching 74.66 before pulling back for adjustment
2. After a second bottom at 70.76, it rebounds again, with the current price closely following the Bollinger upper band at 72.67, entering a narrow trading range, with the oscillation zone narrowing, and the tug-of-war easing, trading volume significantly shrinking compared to the rally phase
Details of the support zone
1. Above the right support zone, between 72.50-72.67, sell orders are densely clustered, making short-term upward breakthroughs difficult, with divergence gradually emerging
2. The trading volume below continues to decline, market activity cooling down, with short-term lack of momentum to support a breakout with high volume #sol
SOL-4.69%
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