SOL Market Analysis: The decline temporarily pauses, and the rebound remains a technical correction
After continuous weakness, SOL found effective support around 117, and the price quickly rebounded above 120, temporarily easing the downward trend.
From the overall structure, the bearish pattern has not been fundamentally broken, and the current rebound is only a technical correction. In the short term, when the price rebounds to near the middle line of the four-hour timeframe, it faces obvious resistance. Trading accordingly requires patience, and chasing the rally is strictly prohibited.
Strategy suggestion: Focus on the rebound performance in the key resistance zone of 128–130. Until a clear breakout occurs, the trading approach should mainly be high short positions, with the lower target around the 120 support level. #内容挖矿焕新公测开启 #黄金白银再创新高 #特朗普取消对欧关税威胁
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SOL Market Analysis: The decline temporarily pauses, and the rebound remains a technical correction
After continuous weakness, SOL found effective support around 117, and the price quickly rebounded above 120, temporarily easing the downward trend.
From the overall structure, the bearish pattern has not been fundamentally broken, and the current rebound is only a technical correction. In the short term, when the price rebounds to near the middle line of the four-hour timeframe, it faces obvious resistance. Trading accordingly requires patience, and chasing the rally is strictly prohibited.
Strategy suggestion: Focus on the rebound performance in the key resistance zone of 128–130. Until a clear breakout occurs, the trading approach should mainly be high short positions, with the lower target around the 120 support level. #内容挖矿焕新公测开启 #黄金白银再创新高 #特朗普取消对欧关税威胁