After rebounding for two days, the daily line has started to oscillate downwards (gradually falling), which feels like it's waiting for a drop in Bitcoin before making a correction.
The decline is for a better rise; waiting for SOL to return near the daily MA30 line, which is around 135, will be a very good entry point in the short term.
If the position of 110-120 can be reached, be bold in increasing positions; even if you get stuck, it won't take long to break even.
In recent months, SOL has been making large range oscillations in the 110-180 area, after building a base, waiting for interest rate cuts to break out into a main upward wave.
Daily level resistance at 160-172-183-204, support at 135-124-112-98-82
From SOL's liquidation heat map, it can be seen
Price is rising, with a large number of large and extra-large short positions waiting for liquidation in the 149.2-157.4 area
Price is falling, with a large number of large and extra-large long positions waiting for liquidation in the 145.6-142.2 area
