$SOL Daily line breaks, short-term pressure signal is obvious
From the SOLUSDT daily chart, the price has fallen below the middle band of the Bollinger Bands (106.246) and continues to operate below the middle band. The current latest price is 84.04 USDT, with a maximum of 88.66 and a minimum of 83.51 reached within 24 hours, remaining in a weak range throughout the day.
The Bollinger Bands are opening downward, with the upper band (140.743) and lower band (71.750) diverging, further confirming the bear-dominated trend. After the price broke key support previously, there was a slight rebound, but it has never been able to return above the middle band, and the strength of the rebound is weak.
In terms of trading volume, the 24-hour trading volume reached 25,533,700 SOL, with a transaction amount of 2.191 billion USDT, indicating active market trading, but the funds are showing a more outflow trend. In the short term, if the price cannot effectively break through the resistance range of 90-95 USDT, it may continue to test the support level near 75 USDT.
For traders, it is necessary to be alert to the risk of a second downward test after the rebound. In terms of operations, it is advisable to maintain a light position and observe or take a short position in the direction of the trend, strictly set stop-loss orders to avoid blindly bottom-fishing.