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7.20 SOL Morning Analysis:
SOL is accumulating positions in batches around 77.1-78.4. The target is 75, and 74 is the defense level.
After this round of rebound surged higher, the upward momentum has clearly weakened. The price has reached a key resistance pressure zone, but volume has never been able to expand effectively. The sell pressure above—driven by holders trying to get out of their positions—continues to suppress the market, making it difficult for the price to keep breaking upward.
If the bulls had sustained momentum to keep pushing higher, they would not linger in the resistance range for a long time, wasting time sideways. The current trend is in a stalled consolidation and adjustment phase after rebounding into the pressure area.
#美军结束对伊朗新一轮打击 $SOL