SOL Today's Direction

From the 4-hour chart perspective, SOL currently shows the following technical characteristics: the Bollinger Bands are narrowing, indicating that the price is in a consolidation phase.

Short-term volatility may be limited; although a bullish candle has formed, it shows weakness, combined with a weakening MACD momentum, indicating insufficient upward power; the RSI indicator is approaching the oversold region, and short-term pullback pressure is gradually increasing.

SOL Operation Suggestion: It is recommended to set up short positions in the range of 178-180. The swing target is around 160, and the long-term target is around 150.

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