The daily line is a small negative line in the shape of a cross star, and the trading volume is less than half of the previous day, which is a state of narrow sideways trading at a high level with shrinking volume.
The daily MA30 line is in an upward trend, and MACD shows a weakening upward momentum above the zero axis.
The short-term trend still depends on Bitcoin. We are also waiting for Bitcoin to show its direction. It is necessary to note that the short-term correction of Bitcoin will lead to a decline in SOL.
The trend at the weekly level is good. After MACD returned to the zero axis, the price is still above the weekly MA30 line. If a new weekly line is closed tomorrow morning and it closes above the line, the future market is promising.
Daily level pressure level is 163.7-174.2, support level is 146.5-139-126
From the hourly level, the current trend is a 4-hour rebound that creates a higher divergence pattern, and the 1-2 hour rebound returns to the zero axis. There will be a wave of hourly level rebound here.
In the short term, you can go short at 160, and go long at 153.7 and 150.6. Pay attention to stop-profit and stop-loss.
From the three-day liquidation heat map
The price is going up, and there are a lot of large short orders waiting to be liquidated in the 158.4-164.4 area.
The price is going down, and there are a lot of large long orders waiting to be liquidated in the 154.8-148.8 area.
