The daily line is a small bullish candlestick in a doji star formation, with trading volume slightly more than half of the previous day, belonging to an adjustment pattern after a rapid rise.
The daily MA30 line maintains an upward trend, and the MACD shows an increasing momentum above the zero axis.
The price has created a new historical high, and the daily level still maintains a relatively strong trend. As long as Bitcoin does not fall, SOL will continue to choose to consolidate at high levels, and after a period of oscillation and adjustment, it will continue to push upwards.
However, if Bitcoin falls back, SOL will definitely follow the decline.
Daily level resistance at 270-283-300-315, support at 245-221-204.5-195.2.
From the hourly level, it is currently moving in the 1-day line rebound within the 4-hour rebound within the 2-hour rebound creating new highs within the 1-hour rebound. The price can further move upward today.
In the short term, one can short at 280 and long at 246 and 237.
From the three-day liquidation heatmap,
Price is moving upward, with a large number of significant short positions waiting for liquidation in the 258.6-268.6 area.
Price is moving downward, with a large number of significant long positions waiting for liquidation in the 251.4-245 area and the 243-232 area.
