Sol coin analysis

Ladies and gentlemen, let's talk about Sol coin. Sol coin has been rising well recently. We bought the bottom at around $155. Now it has risen by 26%, which is a very good result.

Looking at these two pictures, there is a key point of $191, and our bottom-fishing range is around $154-155. At present, Sol coin has broken through the middle track of the Bollinger band of the daily line. It was mentioned in the previous video that when it breaks through the middle track of the daily line and breaks through $165, it can continue to hold. Now, it has also broken through Fibonacci's 0.786, which is $191.

Currently, Sol coin fluctuates in the range of $191 to $210. In the short term, $203 is the upper suppression level, and in the long term, around $210 is the suppression level.

If Sol coin can maintain the range of $191, the situation of bulls and spot is relatively optimistic. But if it falls below $191, you should consider taking profits and stop going long, because there may be a technical correction, which is normal. For now, in the short term, as long as Sol can continue to break through $203, longs can continue to hold, and it would be even better if it can break through $210. On the contrary, if the market declines, you should be cautious. $SOL