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SOL Market Outlook
The price rebounded near the middle band of the Bollinger Bands and faced resistance. The current price has not effectively突破 the middle band, indicating strong selling pressure above. If it cannot稳住 the middle band later, it is likely to继续回调.
Although the DIF and DEA lines are in a黄金交叉 at low levels, the red momentum柱 of the MACD histogram is insufficiently expanding, indicating that the bullish rebound momentum is弱, and momentum exhaustion可能会 happen at any time.
SOL Trading Suggestions: Pull back to around 122-117, then look up to around 130-140.