SOL Midday Analysis

The rebound started at 64, rose to a high of 76, then slightly pulled back to 74. The overall bullish sentiment remains strong, with many investors taking profits after the price increase, leading to a shift in high-level holdings.

All moving averages maintain a standard bullish pattern, with short-term averages crossing above mid-to-long-term averages and continuing to extend upward. Even if the price dips during the process, it still firmly relies on the support of the moving averages, with layered support levels, and the overall upward trend remains intact.

The consecutive two bearish candlesticks show limited pullback strength, with no unusual volume surge. This is merely a brief consolidation and shakeout during the uptrend, not a complete reversal. The price action follows the overall market rhythm, maintaining a relatively strong consolidation pattern at this stage.

Trading Recommendation

If the price stabilizes in the 74 to 76 range after a pullback, you can cautiously open long positions with a small position.
First target price is 79, and if it breaks through effectively, continue to look at the 83 high; stop-loss is uniformly placed below 72 to mitigate downside risk.