SOL Thoughts
- 4 Hours: The rebound at 198 is weak, falling within the 213 high point downtrend channel, with the middle Bollinger Band under pressure. Strong resistance at 200-205, MACD's bearish histogram is shrinking but has not reversed, leaning towards a rebound followed by a decline.
- 1 Hour: KDJ is at a high position, MACD golden cross red histogram is diminishing, resistance at 199-200 provides an opportunity for bears.
- Suggestion: Short at 200-203, short-term target 193-195, if broken look for 190, long-term target 175.