The daily line is a small bullish candle with an upper shadow, with trading volume at a normal level, and the price is still making a high-level fluctuation here.
The daily MA30 line is turning upward, and MACD shows a weakening upward momentum near the zero line.
On April 30, after the price fell back to the daily EMA52 line, it formed a rebound, turning the original resistance level into a support level. The area near the EMA52 line is also the middle position of the red box fluctuation range.
In the short term, the daily level will still maintain this fluctuating rhythm, but the upper edge of the fluctuation range will move up, with the target positioned at 162-167. Once the price rises to this level, it will need to pull back.
The short-term targets are set at the three levels of 160-170-180. SOL's large cycle will still make a large range fluctuation in the 120-180 area, waiting for the main upward wave after the bottom is formed.
Daily level resistance at 160-172-183-204, support at 139-127-112-98-82
From SOL's liquidation heat map, it can be seen that
the price has risen, with a large number of large and extra-large short orders waiting for liquidation in the 154-157.4 area
the price has fallen, with a large number of large long orders waiting for liquidation in the 149.6-141.8 area
