The 4-hour chart shows a surge followed by a pullback. It is currently trading below the middle band of the Bollinger Bands. Although it briefly broke below the middle band, the previous upward trend remains intact. The low at 140 is close to the lower Bollinger Band, forming a short-term support level. After a pullback, there is a higher probability of stabilization.
SOL Trading Suggestion: Consider a pullback around 930-925, with an upward target near 937-945.
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SOL Market Outlook
The 4-hour chart shows a surge followed by a pullback. It is currently trading below the middle band of the Bollinger Bands. Although it briefly broke below the middle band, the previous upward trend remains intact. The low at 140 is close to the lower Bollinger Band, forming a short-term support level. After a pullback, there is a higher probability of stabilization.
SOL Trading Suggestion: Consider a pullback around 930-925, with an upward target near 937-945.