The midday thoughts suggest that the current 4-hour level is in a weak oscillation, probing for support. The price is operating below the middle track of the Bollinger Bands, with the moving average system diverging downwards. The price continues to be under pressure from the short-term moving averages, and the bearish structure has not been broken. MACD: Below the zero line, the negative bars are slightly converging but have not formed a golden cross. Bearish momentum still dominates.
Around 130, stop loss at 132, target 112 $SOL
SOLUSDT
Perp
101.83
-3.39%