Recently, the daily line trend is very similar to Ethereum, and the hourly level trend is basically in sync with Ethereum, so you can roughly refer to Ethereum for the trend.
The daily line is a small bullish candle, and the trading volume is two-thirds of the previous day, which is normal trading volume. The daily MA30 line is showing a slightly upward trend, and the MACD is entangled not far above the zero axis, indicating a lack of upward momentum.
After the price rises and peaks around 200, it faces pressure and starts to decline again. Therefore, if the 200 level does not break through effectively and stabilize, the upward space above will remain closed. It is best to patiently wait for a downward adjustment to buy at the bottom, or to enter after the price breaks through and stabilizes above 200.
As long as Bitcoin rebounds and doesn't fall, and Ethereum continues to rise, then SOL will follow Ethereum's rebound upward.
Daily level resistance levels are 206-220-236-254, support levels are 175-164-145-136.
