6.22 SOL Morning Analysis $SOL

SOL has recently shown strong market resilience. After experiencing a deep pullback earlier, it has now stabilized in a key support zone, and the overall correction structure is becoming more complete. The market's ability to resist declines is obvious, and it is currently consolidating within a narrow range along the short-term moving averages, with buying support gradually emerging below.

From a cyclical perspective, the SOL daily chart quickly recovered after touching the lower channel boundary. This is clearly a bullish move to shake out weak hands through a pullback, aiming to clear out floating positions and accumulate momentum for subsequent upward movement. The larger cycle price is steadily rising along the short-term moving averages, and the core framework of oscillating upward has not been broken. Switching to the four-hour chart, the candlesticks are also supported steadily by moving averages, with a bullish advantage. Although there is still some resistance above, recent stabilization suggests this is more likely a key point for the main force to shake out weak traders. Currently, the bearish momentum has significantly weakened, and the downside space has been notably compressed. In trading, follow the trend and consider buying on dips near support zones to target a corrective rebound.

Trading Suggestions
Buy on dips within the 72-73 range, targeting 80-82. If a strong breakout occurs, look for 86.