$SOL 9.17 Mid-Autumn Festival latest analysis
SOL recently fell below the key support level of 137. After 24 hours of rapid decline, it fell from 139.55 to 129.25, breaking through the BOLL lower track many times. However, fortunately, ETH and SOL were the first to take action, and have now stopped falling and traded sideways. at 130±2
Within the past 24 hours
Support: Tested 129.5 several times, but quickly recovered, the buying power is significant
Pressure: 132.1 This position has also been beaten back after many attempts to break through.
RSI: Significantly oversold, a rebound is expected in the short term
However, other indicators such as OBV\MADC still show a bearish trend.
We can only expect a small rebound in the short term, and the resistance at 137.2-140.3 is stronger than last time.
We need to pay attention to the downward support of 128.2. If it does not hold, it will continue to fall. Look at 122.
long:
Admission: Around 130
Goal: 132.2
Stop loss: 128.2
If it can effectively break through, the further target can be seen as 136.4+
Short:
Admission: around 132.1
Goal: 130
Stop loss: 132.8
