SOL's hourly trend is stronger than that of Bitcoin and Ethereum. The daily line closed with a positive line with short upper and lower shadows and a relatively long body. The trading volume was basically the same as the previous day, and the amplitude exceeded 6%.
The daily MACD indicator shows a weakening downward momentum not far below the zero axis. It will fluctuate for a day today. In the first half of next week, as long as a positive line with a relatively long body appears, accompanied by an increase in trading volume, a golden cross of the fast and slow lines will appear. We can expect a wave of increases at the daily level.
The pressure level for rising at the daily level is the daily MA30 line. There will be a retracement at this position. If the market moves strongly, the retracement will not be too deep. We will wait and see at that time.
Daily pressure level 200-206.3-213.6-240-270, support level 186.4-178.5-169.3-152.3-168.5
The hourly trend is that the 10-minute rebound in the 6-hour pullback returns to the 10-minute EMA52 line.
In the short term, you can short at 200-206, and short at 192.4, 190.7, 188. It is effective within the day.
From the SOL liquidation heat map data we can see
The price is rising, and there are still some large short orders waiting to be liquidated in the 196.2-198 area
The price is falling. There are a small number of long orders waiting to be liquidated near 187, and a large number of large long orders waiting to be liquidated in the 186.2-180 area.
