SOL Market Analysis
1. Recent Trend Overview
The price has continued to decline after a rebound, currently reaching the upper support level of the 155 - 185 range, triggering a rebound trend on an hourly basis. The support strength at this neckline comes from the high point areas in May and July.
2. Future Market Outlook
(1) Short-term Rebound Trend
It is estimated that there will be a rebound trend around the daily MA30, although there is no possibility of a direct V-shaped reversal.
(2) Anticipated Secondary Decline
After experiencing a rebound, it is highly likely that there will be a daily level retracement, and then a continuation platform will be built within a fluctuating pattern.
3. Key Reference Points
(1) Pressure Point Distribution
Mainly concentrated at positions such as 233.6, 245, 270, 283, and 300.
(2) Support Points Listed
Including key support levels such as 184.5, 169.3, 158.8, and 152.3.
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