Academician of Coin Circle: Reference for the latest market analysis of Solcoin (SOL) on August 11, 2024
As of press time, Solcoin is around 152, EMA trend indicator shrinks, K-line falls below trend indicator, KDJ spreads downward, Bollinger shrinks, MACD shrinks downward, and the top divergence indicator declines. Whether it can return to a high level remains to be verified. The 30-minute K-line continues to spread downward, KDJ is blocked by the 150 support point, the lower track of the Bollinger band 153 is lost, MACD shrinks and increases, and the overall trend is empty, but the large cycle still exists. For short-term support points, you can refer to 150 and 145. The stop loss is placed at 142. For the target, you can pay attention to 160 and 165. For the case of a strong stretch, you can pay attention to around 168.
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