Is the declining SOL brewing the next wave of surges? Keep an eye on this position, it might yield good returns! Let's get started
GM☀️ Today is Monday, wishing everyone a smooth work week and abundant wealth~ This morning, let's first look at SOL. On the daily chart, we can see that after a significant rise, SOL has started to oscillate and slightly retrace. The current price has rebounded after breaking the yellow 20-day moving average three times, and the K prices for the last three days have all been above the 20-day moving average, indicating that the 20-day moving average is currently a strong support level.
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