The daily line is a bearish candle with upper and lower shadows, and the trading volume is more than double that of the previous day, indicating a volatile downward trend.
The daily MA30 line maintains an upward trend, and the MACD shows an increasing bearish momentum above the zero axis, returning towards the zero axis.
The price has dipped and pierced the daily MA30 line, forming a rebound after finding support. Currently, the rebound momentum is not strong, and it will oscillate for a few days. Once the MACD approaches the zero axis, it will just complete the oscillation accumulation and then make another daily level rebound.
It is important to note that if Bitcoin falls, SOL will definitely follow suit. If the price drops to the 206-210 area, it would be bold to enter, taking advantage of a significant rebound.
Daily level resistance levels are 238-247.3-270-283-300-315, and support levels are 218.5-206-185.3.
From the hourly level, it is currently following a rebound in the daily line within the daily MA30 line's rebound, experiencing a 30-minute pullback.
On the short term, you can go long at 220 and 210, and go short at 230 and 239.
From the three-day liquidation heatmap view
The price is rising, and there are large short positions waiting to be liquidated in the 230.4-237.4 and 239.6-246.4 areas.
The price is falling, and there are large long positions waiting to be liquidated in the 219.8-215.6 area.
