Evening SOL Market Analysis on July 23

SOL has been rising recently, but it encountered strong resistance near 206, subsequently closing with a bearish candle and retreating.

From the four-hour period, the price has been declining with consecutive bearish candles, and there are no significant rebound signals. The technical indicators show a dead cross, indicating a high probability of a short-term decline.

Big Brother suggests: around 194 is a key level.