#SOL Evening Trend Analysis: About to Hit a Historical High!

As one of the strongest altcoins currently, SOL undoubtedly stands out among many altcoins. Now that it is evening, let's briefly analyze the next trend of SOL.

Currently, SOL has broken through the downward range in the small-scale trend, stabilizing above $240, completing the transition from resistance to support.

- 1-hour level: The price has reached the upper Bollinger band and shows signs of consolidation, with a MACD golden cross pointing upwards, and momentum continues to strengthen.

- 4-hour level: It has broken through the middle Bollinger band and is developing towards the upper band, but has not yet fully stabilized above $240, and subsequent attention needs to be paid to confirming the breakout.

- Daily level: The current price is oscillating near the upper Bollinger band, with K-line showing a trend towards forming a bullish engulfing pattern, while the MACD continues to show a golden cross with increasing volume, indicating upward potential.

If the 4-hour K-line stabilizes above $240 and the evening daily line completes a bullish candle pattern, then SOL is very likely to challenge new highs!