Currently, SOL fluctuates repeatedly within the support and resistance range of 172.33-175.55. The technical analysis shows that although a bullish engulfing pattern has appeared in the short term, suggesting the possibility of a rebound, the shrinking trading volume has created a divergence between price and volume, limiting the sustainability of the upward movement. Additionally, the entanglement of moving averages and the convergence of Bollinger Bands further confirm that market momentum and sentiment are both at a neutral state, making it difficult to form a one-sided trend.

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