$SOL Review this week's SOL analysis and outlook for next week's trend.
Hello everyone, I am your department head! It's Friday, let's review this week's SOL analysis and look ahead to next week's trend for SOL:
In the analysis on the 23rd, it was mentioned that if it does not fall below 175, it would rebound to 195 and then pull back to 187, with the expectation of rebounding to 209 from 187.
In reality, on the 24th, after rebounding to 193, it pulled back to 186 and started to rebound, but it could only reach 201.7 and then failed, and today it even dropped to 185.64, testing the previous support at 186 again.
Regarding how SOL will perform next week, it really depends on whether the daily chart can close above 197 in the next two days. The best scenario would be for it to oscillate repeatedly between 197-207 and break through and stabilize above the 209 resistance level; only then might SOL be able to rise next week! Otherwise, it will continue to oscillate within the 197-186 range.
In terms of operations, it is still recommended to take positions around 186 and 180 for better oscillation trading, with quick entries and exits.
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