Analysis of the Main Reasons for the Decline of $SOL

• MACD Indicator: Bearish market confirmed, histogram continues to extend negative values, dead cross pattern not reversed

• Volume-Price Divergence: Trading volume did not significantly increase during the price decline, indicating a lack of bottom-fishing funds intervention

• 179 serves as dual support from the lower Bollinger Band and a psychological level; a breach may accelerate the decline

• If the price holds above the 179 support, a light long position may be attempted, with a stop-loss set below 175

• Bearish Opportunity: If the price rebounds to the 190-193 resistance range (previous day's dense trading zone) and shows signs of stagnation, consider hedging risks

Support Level 179.0

Resistance Level 193.0

• Subsequent Downward Risk: If the 179 support is lost, a quick drop to the 170-173 range may occur

Current market sentiment is bearish; it is advised to control positions and strictly set stop-losses to avoid operating against the trend.