SOL shows a bullish candlestick pattern with a short shadow on the daily level, and the trading volume has increased. This situation highlights its strong upward trend.

The MA30 moving average is in an upward state, and the growth momentum of the MACD above further strengthens.

Currently, SOL has recorded seven consecutive bullish days, and its price is in a phase of accelerated increase in the short term; however, the consumption rate of bullish forces is also accelerating.

Previously, the SOL price experienced a significant pullback around 215, and then entered a fluctuating upward state. When the price reached 220, it experienced another pullback.

Currently, its price has moved far from the MA30 moving average, so caution is needed for potential downward risks in the short term.

On the daily level, SOL's resistance level is 240, and the support level is 210. If you want to delve deeper into the cryptocurrency space but can't find clues, and want to quickly understand information gaps, whether it’s contracts or spot trading, you can 👉 learn more in my profile #HaveYouBinanced #SUI的单边行情