On July 3, SOL applied for an ETF. SOL stock broke through a resistance level but encountered selling pressure at SMA50 of $156. Despite the strong performance of the US market and the decline of the US dollar index, SOL stock continued to fall. The current price is below the EMA50 of $145, and the RSI is in the neutral zone, showing obvious signs of weakness. It is expected that SOL stock may continue to fluctuate between $116 and $156.
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