The hourly trend is consistent with Bitcoin, slightly stronger, with the daily MACD having weakened downward momentum below the zero axis and shifted to an increase in upward momentum.
The daily triangular convergence pattern has been broken by a rebound, which aligns with our previous predictions. We are waiting for a pullback after the rise, which will be a good entry point.
The daily MA30 line is the first resistance point for the rise, with the price around 210. Upon reaching this level, a pullback is expected. If the trend is strong, the pullback won't be too deep; we will observe as we go.
In terms of operations, it's important to grasp the rhythm, especially for contract players. Most people endured the decline but could not withstand the choppy market, and while they could handle the choppy market, they took early profits during the recent rise.
Daily resistance levels are 210.4-226-240-270, and support levels are 183.2-169.3-152.3-168.5.
The hourly trend is currently moving within a 5-10 minute rebound of an 8-hour pullback.
Short positions can be taken at 200 and 210, while long positions can be taken at 192.6 and 188.5.
From the liquidation heat map data of SOL, we can see.
Price is rising, with a large number of significant short positions waiting to be liquidated in the 196.8-201.2 area.
Price is falling, with a large number of significant long positions waiting to be liquidated in the 187.6-181.8 area.
