Although it is currently under pressure at the middle Bollinger Band in the short term, the MACD has formed a bullish crossover at a low level, indicating an initial market bottom signal. A pullback to the key support zone is a good opportunity for deployment, with the potential to break through the middle band resistance and challenge higher resistance levels, suggesting room for upward movement.
SOL Trading Suggestion: Consider buying on dips around 119-121, with a target of 132-135.
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Analysis of SOL on the 27th:
Although it is currently under pressure at the middle Bollinger Band in the short term, the MACD has formed a bullish crossover at a low level, indicating an initial market bottom signal. A pullback to the key support zone is a good opportunity for deployment, with the potential to break through the middle band resistance and challenge higher resistance levels, suggesting room for upward movement.
SOL Trading Suggestion: Consider buying on dips around 119-121, with a target of 132-135.