The current trend of SOL is clear, with a bearish pattern on the 1-hour, 2-hour, and 4-hour levels. We focus on the long and short prices: around 135, Solana has retraced nearly 50% from its high point, and the downside potential is limited. If the above points 137, 142, and 155 fail to break through the long and short prices, the bearish trend will continue, and the market will continue to move bearishly. The support levels are around 125, 120, and 109. If they hold near these three prices, there is a risk. If they break through the resistance levels, it is appropriate to bottom fish and add positions!
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SOL Price Analysis:
The current trend of SOL is clear, with a bearish pattern on the 1-hour, 2-hour, and 4-hour levels. We focus on the long and short prices: around 135, Solana has retraced nearly 50% from its high point, and the downside potential is limited.
If the above points 137, 142, and 155 fail to break through the long and short prices, the bearish trend will continue, and the market will continue to move bearishly.
The support levels are around 125, 120, and 109. If they hold near these three prices, there is a risk. If they break through the resistance levels, it is appropriate to bottom fish and add positions!