The daily line is a small positive line with a long upper shadow and short lower shadow cross star pattern. The trading volume is slightly less than the previous day, but basically the same, which is a strong rise.
The daily MA30 line maintains an upward trend, and MACD shows an increasing upward momentum above the zero axis.
After a period of fluctuations, the daily level has chosen to continue the upward breakthrough trend. The cross star K-line needs to pay attention to the trend of the next few days. If there is a negative line decline, and the negative line body engulfs more than half of the 17th positive line, then the price will continue to fall for adjustment. If the wide range of fluctuations last week is maintained, it will still be a high-level fluctuation to accumulate power for adjustment.
Personally, I am more inclined towards the second trend. The major upward movement of SOL has not yet ended, and the trend is still relatively strong. After a high-level consolidation, it will continue to break upward.
The daily level resistance levels are 260-280-300-315, and the support levels are 221-202.9-187.5-178.3-158.6.
From the hourly level, the current trend is a 1-day line rebound within a 4-hour rebound creating new highs within a 1-hour rebound trend. The 1-hour MACD is still in the process of returning to the zero axis.
In the short term, one can go long at 235 and 228.6, and short at 250.
From the three-day settlement heatmap,
the price is rising, with a large number of significant short positions waiting for liquidation in the 243-253 range.
the price is falling, with a large number of significant long positions waiting for liquidation in the 234-223 range.
