The recent rebound of SOL is clearly losing momentum, and the technical indicators are signaling wildly: a pullback is coming.



On the 1-hour chart, the price touched the upper band and was knocked down; the 213.36 resistance level on the 4-hour chart is as solid as a wall, and this area near the upper band is almost a natural shorting zone. However, the trading volume did not keep up during the rebound, and funds are not interested in pushing higher, with a significantly low chasing-up sentiment.
Looking at the indicators again, the 1-hour RSI is approaching the overbought zone, and the 4-hour MACD red bars are also shrinking, indicating an increasingly obvious shift from strong to weak momentum.

In simple terms: this wave of SOL's rebound is almost over, and in the short term, it looks more like an opportunity for bears to get in. Rebound is 箜!

I personally suggest entering the market at 205-210, with a target down to 190-185. If it breaks below, watch for 175!
$SOL #加密市场观察
SOL-4.68%
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