The market performance of SOL is as follows:

Regarding K-line and trading volume:

Yesterday, the K-line of SOL formed a large bullish candle, with an amplitude exceeding 12%, and it had relatively short upper and lower shadows.

In terms of trading volume, compared to the previous day, yesterday's trading volume increased by about one-third. This indicates that the price increase was accompanied by an expansion of trading volume, indicating a trend of rising with increased volume.

Regarding moving averages and indicators:

Among them, the MA30 moving average has maintained an upward trend, showing that the price has a relatively stable upward momentum in the medium term.

Looking at the MACD indicator, it shows that the upward momentum is strengthening above the zero line, indicating that the overall trend of $SOL is currently leaning towards a strong position.

Trend characteristic analysis:

On the daily chart level, after three days of adjustment, $SOL has once again produced a large bullish candle, which fully demonstrates its obvious strong characteristics.

Currently, its price is extremely close to the historical high of 259.9. Based on the current trend, there is a high possibility that breaking through this historical high will be completed today.

Key pressure and target analysis:

Short-term resistance levels: During the price increase process, there are significant resistances at integer levels such as 270, 280, 290, and 300.

Once the price successfully breaks through these levels, there will likely be some small pullback afterwards.

Target range setting: Regarding this daily level increase, the expected target range is approximately between 280 - 300.

Moreover, when the price approaches the area near 300, it is very likely to encounter a relatively large pullback action.

Important positions clarified:

Resistance level: After analysis, the price level of 283 can be regarded as a critical resistance level.

Support level: Correspondingly, 221 is the support level that needs to be closely monitored.

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