The market is accelerating upwards, SOL continues to consolidate at 157. Until the market starts to decline again, SOL will passively follow and collapse.
The pullback is relatively smaller compared to other mainstream assets. Continuing to decline with downward spikes bringing volume rebounds. The strength and speed should show the necessary power. Continuing to adjust and decline throughout the day. Overall, the structure of the bullish rebound segment is starting to weaken. Pay attention to the retest of the previous low at 147.
Small levels maintain the 147 level, bullish still has rebound expectations. Conversely, breaking down will likely turn into weak volatility.
Several positions to pay attention to
Support Position
First Position 147-148
Second Position 141-142
Third Position 135
Resistance Position
First Position 153-154
Second Position 157-158
Third Position 160-161
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