This is the SOL daily chart analysis:

It is obvious in the chart that the daily level has formed a descending parallel triangle signal. The descending triangle support line is a very strong support, which means it can be used as a take-profit point for short positions. Looking at the chart, the upper descending triangle resistance is continuously declining, indicating that the pressure is very strong. If you need to operate, it is recommended to mainly focus on short positions as follows:

Enter short positions around the local support at 153 for SOL, and take profit at the lower support level of 139. The stop-loss point can be seen near the daily high of 160.

The above is a personal opinion. If it helps you, thank you for liking and following!

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