【SOL】Clinton Daily Analysis June 29

24-hour trend [Sideways]

【Buy and sell points】

Buy point 1: 135 USDT (near the previous low of 136.544, integer support level)

Buy point 2: 130 USDT (near the previous low of 128.661, integer support level)

Long stop loss point: 125 USDT (5 units below the buy point 2 to prevent further decline)

Sell point 1: 150 USDT (near the previous high of 151.25, integer pressure level)

Sell point 2: 155 USDT (near the previous high of 155.173, integer pressure level)

Short stop loss point: 160 USDT (5 units above the sell point 2 to prevent a breakthrough rise)

【Price trend analysis】

K-line pattern:

The recent price fell after reaching a high of 151.25 on June 27, forming a short-term top. On June 28 and 29, the market closed with negative lines for two consecutive days, but there was a small rebound on June 29, indicating that there is some support below.

Technical indicators:

MACD: Both DIF and DEA are negative, but the MACD histogram has turned from negative to positive, indicating that the short-selling force has weakened and there is a possibility of a rebound. RSI: The current RSI is 46.811, which is in the neutral area and has not entered the overbought or oversold range. The market sentiment is relatively stable. EMA: EMA7 (139.934) has crossed EMA30 (146.444), but is still lower than EMA120 (145.460). The short-term trend is positive, but the long-term trend is still bearish.

Trading volume:

On June 27, the trading volume increased significantly to 20723615, and then gradually decreased, indicating that the long and short sides were fighting fiercely at high levels. The trading volume on June 28 and 29 dropped significantly, and the market was in a wait-and-see mood. $SOL #VanEck提交首个SolanaETF