August 23 SOL Market Analysis:

In the market on that day, from the technical indicator MACD, green bars have just started to appear, which indicates that the strength of the bears is beginning to emerge, and the bearish momentum is gradually being released. At the same time, when the price reached a high of 208.82, a candlestick pattern with a long upper shadow was formed. This pattern fully exposes the heavy selling pressure above this price level, with a large amount of selling coming in.

Big Brother's operation suggestion: Consider positioning orders in the price range of 206 - 209 to seize potential downward price opportunities. #币圈 $SOL