Do not chase the short-term surge, beware of the pullback risk after this V-shaped rebound!
From the trend analysis, the price has violently risen from a low of 127.55 to a new high of 138, and the short-term increase has exhausted the bullish momentum. After the surge, a bearish signal has appeared, indicating that the bullish support is starting to weaken.
SOL suggests a range around 138 and 140, with a target of 135 and 130.
