6.24 SOL Market Analysis

From the hourly level, SOL dipped to the 125 line yesterday and rebounded to the high point of 147 this week. There is strong resistance at 148 due to Fibonacci retracement, and after the weekly candlestick volume touches the 7-week moving average, it will also form pressure to test 137 again. Currently, SOL is at 145, showing a two-test pressure level trend. During the day, attention can be paid to short positions near 147. The attached MACD green energy bars have achieved a double golden cross, indicating a top divergence. Overall, the bearish trend for SOL is clear, and it is recommended to follow the trend.

Trading Advice: Short in batches at 147-150

Target: Break 137 to 127

Risk Control: 153