[sol] Clinton Daily Analysis June 30 $SOL
24-hour trend [horizontal]
[Buy and sell points]
Buy point 1: 140 USDT (current price is close to EMA7, and there is support at the integer level)
Buy point 2: 135 USDT (near the previous low, with strong buying support)
Long stop loss point: 130 USDT (below the previous low of 131.143, to prevent false breakthroughs)
Sell point 1: 150 USDT (near the previous high of 149.651, with obvious selling pressure)
Sell point 2: 155 USDT (near the previous high of 155.173, with greater selling pressure)
Short stop loss point: 160 USDT (above the previous high of 161.749, to prevent false breakthroughs)
[Price trend analysis]
K-line pattern:
Recently, the price has fluctuated greatly, with multiple long upper and lower shadows, indicating that there is obvious selling pressure and support in the market. A high-fall pattern was formed from June 27 to June 28, and then it rebounded on June 29 and June 30, but failed to break through the previous high.
Technical indicators:
MACD: Both DIF and DEA are negative, but the MACD histogram is gradually shortening, indicating that the short-selling force is weakening and it is possible to turn to the long position. RSI: The current RSI value is 47.94, close to the neutral area. It has entered the oversold area before and rebounded. There is no obvious overbought or oversold signal at present. EMA: The current price of 142.94 is above EMA7 (140.40), but below EMA30 (146.13) and EMA120 (145.39). There is some support in the short term, but it is still under pressure in the medium and long term.
Trading volume:
The trading volume on June 27 and June 28 was significantly enlarged, showing that a large amount of funds entered the market. The trading volume decreased in the following days and the market sentiment tended to stabilize. The trading volume was also large from June 24 to June 26, indicating that the market had some buying support at low levels.
