In recent days, SOL has shown a bearish trend, pulling back to the middle band of the 2-day Bollinger Bands last night, and its daily level adjustment seems to have a further upgrade tendency, likely to retrace towards the 212 to 200 points range to seek support.
However, in the early hours, the BTC market made a decision to break upwards, and this move clarified the direction for SOL.
Today, a green cross star appeared at the 3-day line, indicating an impending trend change with an upward direction, and the right-side market is about to open. Recent resistance levels are at 247 and 257.
If it can successfully stand above 247, then a deep V reversal pattern will appear on the daily chart, and if it can successfully break 257, it will lay a solid foundation for a push towards the 300 points level.
These two levels are particularly critical in the recent breakout situation.
