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SOL's bottoming process is nearing its end. During the ongoing back-and-forth movements, do not lose confidence in holding positions.
Many traders are giving up low-level chips during the oscillation, which conveniently provides an opportunity for the main force to accumulate at low prices. The solid support below firmly locks in the downside space.
Bearish momentum on the daily chart continues to shrink. After the tug-of-war between bulls and bears, the advantage of the bulls is gradually emerging. The tightening of the Bollinger Bands indicates an impending reversal.
Stay calm, manage your positions well, and endure the oscillation period. The subsequent upside potential for bulls is worth long-term anticipation.
Trading suggestion: Go long around 76.2-75.4, target 79.2-80, break above 81.8, 83.
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