The price is below the middle band of the Bollinger Bands, with the upper band continuously turning downward. The overall opening is contracting and then diverging downward, indicating that the bearish force still dominates the market.
The DIF line remains below the DEA line. Although there are signs of a golden cross, the red histogram momentum is weak, and the rebound strength is insufficient. In the short term, the bulls lack sustainability.
SOL Trading Suggestions: Consider a rebound around 129-132, with a target of 124-117.
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SOL Market Outlook
The price is below the middle band of the Bollinger Bands, with the upper band continuously turning downward. The overall opening is contracting and then diverging downward, indicating that the bearish force still dominates the market.
The DIF line remains below the DEA line. Although there are signs of a golden cross, the red histogram momentum is weak, and the rebound strength is insufficient. In the short term, the bulls lack sustainability.
SOL Trading Suggestions: Consider a rebound around 129-132, with a target of 124-117.