SOL's entire segment rebounds passively. And it moves upward in an oscillating manner. Although there are no obvious strong actions at the top, it can't withstand the strong market winds that lift it up.
During the day, it reached the support-resistance exchange level on the daily chart. It is currently testing the selling pressure above. Although there is no obvious increase in bearish volume, the bulls are still not very strong.
No recommendation to chase long positions at the current position. Be patient and wait for opportunities to buy on the pullback.
The pullback stabilizes near support, and we continue to look for a rebound and oscillation upward to digest the selling pressure above.
Resistance above: 177/180.5/183.8
Support below: 172.6/169.4/166.8
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