SOL is currently still in a weak oscillating trend, with several rebounds failing to attract enough follow-up buying. The 80 level has been tested multiple times but not held, indicating that the bulls' strength here is indeed limited. The recent rapid decline has already broken below the previous oscillation range. At present, the area around 80 has shifted from a support level to a short-term resistance zone.
What’s worth noting is that although trading volume has increased in recent days, the price has not been able to push higher. This volume-price combination is not healthy. In the short term, if a rebound reaches the 85-87 range, it may still encounter resistance, and there is a possibility of a pullback after a rise.
Trading suggestion: Short at around 84-86, with a target down to 78-75. #比特币反弹 #特朗普宣布新关税政策
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June 25th SOL Suggestion
SOL is currently still in a weak oscillating trend, with several rebounds failing to attract enough follow-up buying. The 80 level has been tested multiple times but not held, indicating that the bulls' strength here is indeed limited. The recent rapid decline has already broken below the previous oscillation range. At present, the area around 80 has shifted from a support level to a short-term resistance zone.
What’s worth noting is that although trading volume has increased in recent days, the price has not been able to push higher. This volume-price combination is not healthy. In the short term, if a rebound reaches the 85-87 range, it may still encounter resistance, and there is a possibility of a pullback after a rise.
Trading suggestion:
Short at around 84-86, with a target down to 78-75.
#比特币反弹 #特朗普宣布新关税政策