8.6 Early Morning SOL Analysis
The short-term overall performance of SOL is weak; during the day, when the market rebounds, the increase is limited, while the evening drop is even sharper, indicating that bullish funds remain cautious and wait-and-see.
Currently, although it has not escaped the weak pattern, the downward momentum is diminishing. Once the market stabilizes and warms up, SOL is expected to catch up, representing an opportunity of the 'ready to take off' type.
In terms of operations, pay attention to the range of 163-161. If it stops falling and stabilizes, you can enter a long position, aiming for the 167-170 range. If it subsequently breaks through 170 with volume, it will further challenge 178.
