The hourly trend is consistent with Bitcoin, slightly stronger; the daily MACD has weakened the downward momentum below the zero axis and is turning into enhanced upward momentum.
The triangular convergence pattern at the daily level has been broken by the rebound, which aligns with our previous expectations. We are waiting for a pullback after the rise, which will be a good entry position.
The daily MA30 line is the first resistance position for the rise, with the price around 210. When it reaches here, it should pull back. If it moves strongly, the pullback position won't be too deep; we will observe as we go.
In terms of operations, keep a good rhythm, especially for contract players. Most people can withstand the decline but struggle with volatile markets, and those who endure the turbulence ended up taking profits too early when the price just started to 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 in a 5-10 minute rebound within an 8-hour pullback.
In the short term, short positions can be made at 200 and 210, and long positions at 192.6 and 188.5.
From the liquidation heatmap data of SOL, we can see that
Price has risen, with a large number of significant short positions waiting to be liquidated in the 196.8-201.2 range.
Price has dropped, with a large number of significant long positions waiting to be liquidated in the 187.6-181.8 range.
