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In the recent Sol market, investors need to closely follow the night market trends. If the price can stay above 221, the long positions trend will continue to exist, and there is hope for further upward movement in the future. In this case, around 226, 229, and 233 may become important resistance levels.
However, if the price falls below 221, it may trigger a short-term correction. At this time, investors should turn their attention to support levels such as 218, 215, and 212. These price levels may play a key role during the correction process.
Overall, 221 seems to be an important watershed in the current market. It not only represents the continuation of the long positions trend but may also determine the market direction in the short term. Therefore, whether you are in long positions or short positions, you should closely follow the performance of this key price level.
It is worth noting that while technical analysis provides us with important references, the market is often influenced by various factors. Investors need to combine fundamental analysis, market sentiment, and other factors when making decisions to gain a more comprehensive insight into the market.