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SOL previously took short positions from the 90 level and did not make a second move after dropping to the 82 level. Based on the overall rebound pattern, the rebound strength of the third-ranked coin is clearly weaker than Bitcoin and Ethereum.
The key resistance remains at the previous high of 100. As long as there is no effective breakout here, the overall bearish outlook will not change. The minor resistance level above is around 85. For a more conservative approach, consider entering at yesterday’s spike high of 87. Once it breaks through the 90 level, consider exiting. It’s best to avoid holding long positions. The initial target is the previous low of 82, with a broader view of the pattern seeing 77.