SOL tested the support around 145 again this morning, and the intraday rebound is weaker than before. The high level has been fluctuating for nearly a week, preparing to initiate a daily-level correction.
The high-level head and shoulders pattern was broken with increased volume below the neckline after the US stock market opened in the evening. Observe the price performance as it rebounds and retests around 145. Continuous weakness or failing to recover above 145 by tomorrow morning will be considered a valid breakdown.
The expected short profit-taking position below is 135, and there is potential support.
Several positions to pay attention to
Support position
First position 141 (currently testing)
Second position 135-136
Third position 131
Resistance position
First position 144-145
Second position 147
Third position 153
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