$SOL

SOL is as expected, a characteristic price action appears at high levels, bulls are slowly closing their long positions, and short-term pressures begin to hinder natural declines.

Observe the pullback trend line and performance near 147 as in previous views. Strong markets usually have smaller pullbacks; if the pullback is too deep, it only indicates that many bulls are getting off the train, so the main force is only willing to enter at lower positions, and may only start to rally after most people have exited.

Several positions to pay attention to

Support Position

First Position 147

Second Position 141

Third Position 136

Resistance Position

First Position 158

Second Position 161.6

Third Position 170

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