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From the Bollinger Bands, the price is oscillating below the middle band and above the lower band, with the middle band slanting downward, indicating a generally bearish trend. The band is not significantly widening, so the short-term trend is mainly consolidating with slight weakness. A break below the lower band would accelerate the decline. The MA moving averages indicate a medium-term bearish trend remains unchanged, as moving averages act as natural resistance zones.
SOL Trading Recommendations
Buy in the 88.5-87.5 range, targeting around 82-78.