The hourly trend also follows Bitcoin, without an independent market.
The daily line is a bearish candle with upper and lower shadows, and the trading volume is basically the same as the previous day, without significant increase or decrease.
The daily MA30 line is still in a downward trend, so the current rise is still a rebound rather than a reversal. The daily MACD is tangled near the zero axis without a clear direction.
The short-term trend at the daily level still depends on how Bitcoin moves; if Bitcoin falls, SOL will fall, and if Bitcoin rises, SOL will rise.
Short-term swing operations can be made at the daily level's support and resistance levels, while at the daily level's support, buy spot in batches to prepare for the upcoming upward movement.
Daily resistance levels are 156-165-177, and support levels are 142-134-120-110
From the SOL liquidation heatmap, we can see that
the price is rising, with a large number of big and ultra-large short orders waiting for liquidation in the 150.4-163 range
the price is falling, with a large number of big and ultra-large long orders waiting for liquidation in the 145.2-139.8 range
