After a rebound on the hourly chart, $SOL's price fell back to retest on the hourly chart. The daily candlestick formed a relatively long bearish line, and the price once again fell back to the daily MA120 line, which is a strong support line. Therefore, a rebound occurred when the price reached this point.
Note: If there is still no decent Rebound trend in the next two days, especially on Monday, the price will further decline to the 152-168.5 range to find support, which is a strong support at the weekly chart level. Today's trend is expected to weaken and fluctuate, waiting for the opening of the US stock market tomorrow.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
1
Repost
Share
Comment
0/400
JaiAlaiKing
· 2024-12-22 02:55
The next round of pump wave may be brewing, waiting for the brave to set sail.
After a rebound on the hourly chart, $SOL's price fell back to retest on the hourly chart. The daily candlestick formed a relatively long bearish line, and the price once again fell back to the daily MA120 line, which is a strong support line. Therefore, a rebound occurred when the price reached this point.
Note: If there is still no decent Rebound trend in the next two days, especially on Monday, the price will further decline to the 152-168.5 range to find support, which is a strong support at the weekly chart level.
Today's trend is expected to weaken and fluctuate, waiting for the opening of the US stock market tomorrow.