The daily line is a long bearish candle with upper and lower shadows, with trading volume remaining the same as the previous day. The bearish candle body has engulfed more than half of the previous day's bullish candle body, indicating a short-term top formation.
The daily MA30 line maintains an upward trend, and the MACD shows weakening upward momentum above the zero axis.
In yesterday's market commentary, it was already reminded that the price is accelerating upwards, the bullish strength is depleting quickly, and the price has also reached the stage top area of the previous bull market, so be aware of a potential short-term daily level pullback.
The next move will be a volatile downward trend, and after the adjustment, there will still be a good upward performance; don't be afraid, this is a normal adjustment trend.
Capital will overflow, pay more attention to the tokens in the SOL ecosystem, especially those altcoins that haven't risen much, as they will take the opportunity to make moves.
SOL ecosystem
Leader $RAY $JUP $JTO $ORCA
Altcoin $CVC $FRONT $ANC $MATH $BONK $SRM $FIDA $AUDIO
Daily level resistance at 230-250-280, support at 196.4-184.5-176.7-158.6
From the hourly level, the one-hour level rebound has completed, and the price has dropped back to the 2-hour EMA52 line to gain support and form a rebound. The 2-hour MACD is still in the process of returning to the zero axis, and there will still be a rebound at the hourly level next.
In the short term, long positions can be taken at 206 and 199.2, and short positions at 222.
From the three-day clearing heat map,
the price is rising, with a large number of significant short positions waiting to be cleared in the 215.8-221.8 and 225.8-228.8 areas.
the price is falling, with a large number of significant long positions waiting to be cleared in the 205-197.4 area.
