Recently, the trend of Solana (SOL) has attracted market attention. From the daily chart perspective, SOL has fallen for five consecutive trading days, and the MACD indicator continues to release short positions signals, indicating that the current market sentiment is leaning towards pessimism.



However, from the shorter-term 4-hour chart, an interesting 'bottom divergence' pattern has emerged. This technical indicator usually signals a potential rebound in the short term, bringing a glimmer of hope to bullish investors.

Currently, the SOL price is hovering around $200, forming a key price range. Investors should closely follow two important factors: first, whether the $200 integer level can form effective support; second, whether the support from the lower Bollinger Band can help stabilize the price trend.

For traders who are interested in participating, consider looking for entry opportunities in the range of $195 to $200. If a successful breakout occurs, $215 will become the first upward target. If the price can hold steady at the $215 level, further upside to $230 cannot be ruled out.

However, the market is constantly changing, and investors must always follow the performance of key support levels. Once these support levels are effectively broken, it is necessary to adjust trading strategies in a timely manner to adapt to the new market environment. In a highly volatile market like cryptocurrency, risk management is always the key to successful trading.
SOL-9.22%
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