Today's $SOL high action is essentially a technical rebound in a downtrend, lacking reversal momentum.
The hourly K-line combined with the MACD indicator forms a clear top divergence pattern, with prices rising but momentum continuously weakening; the daily moving average system shows a standard bearish arrangement, with short-term moving averages crossing below medium- and long-term moving averages, forming a death cross that continues to exert pressure.
More critically, the volume of this rebound remains weak, and prices have not been able to break through the key resistance range, with the bulls showing no support strength.
Sol is planning around the rebound near 144 and 150, targeting around 134 and 128.
