SOL Short-term Analysis

Currently around 69.12, up 1.51%, with strong intraday rebound momentum
The Bollinger middle band continues to support the price, and the short-term bullish repair trend is clear
Trend:
1. The early low of 64.66 triggered a strong repair rally, moving upward unilaterally after bottoming out, gradually recovering earlier losses. From the low of 64.66 to the current price of 69.12, it is testing the previous high resistance at 70.45
2. After consecutive downward probes in the morning confirmed support at 64.66, bullish funds continued to enter, forming consecutive bullish candles that reversed the trend. The Bollinger Bands turned upward and widened, with the bull-bear game clearly favoring bulls, and trading volume significantly larger than during the decline phase
Order Book Details
1. On the right side of the order book, buy orders are densely clustered in the 69.00-69.10 range, indicating strong underlying support, making it difficult for bears to push down in the short term
2. During the rebound, the volume bars have been continuously rising, with increased market buying interest at the bottom, providing volume support for a sustained rebound#sol