The hourly level also follows Bitcoin, but it is weaker.
The daily line is two consecutive negative lines. The price fell back to the upper edge of the red box area and the daily MA120 line. Nearby 163 will be the short-term support level.
We have said that this wave of rise is a 12-hour level rise, so the next level, which is the 6-hour level support level, is just around 165, so the price here will also have a 6-hour level rebound.
It should be noted that if the price starts to rebound in the 163-165 area, but the rebound is not strong and instead fluctuates here, then the price will continue to fall to the daily MA30 line to find support before rebounding.
The daily level rise has not ended yet, and the price drops are all adjustments, giving you the opportunity to get on board. To be safe, buy the spot in batches when the price drops.
Daily pressure level is 185-196-220-244, support level is 163-154-142-124
From the SOL liquidation heat map, we can see
The price is rising, and there are a lot of large short orders waiting to be liquidated in the 174.4-189.6 area
The price fell, and there were a large number of large long orders waiting to be liquidated in the 166.2-161.8 area
