$SOL Is it a pin or a waterfall?

From the hourly chart, the current price trend is balanced, with two rapid rises creating an optimistic sentiment. However, the pressure at 135 is substantial, hindering the price from moving upwards. This week, the hourly chart shows a sideways fluctuation, and theoretically, it should rise sideways without obvious negative news. However, the buying force is not strong enough, with weakness in the rise around 133.5.

The key on the 15-minute chart is whether it can break through the 135 resistance level. If it breaks and stabilizes, it will turn into a support level, signaling a clear bullish outlook. Conversely, the price may adjust further.

Strong support below is at 123.3, and the price is likely to hover between 123.3 and 135 this week. It is recommended that investors primarily adopt a low-buy strategy, with light short positions for the short term. Currently, the market may experience a correction, with the expected correction target around 129.5, with a magnitude of about four points. Investors need to closely monitor the market and adjust their strategies in a timely manner.