SOL Analysis



The current price is approximately 87.17. After a short-term surge, it is approaching the previous high resistance level. The price is nearing the previous high of 87.38, with obvious selling pressure above. A volume spike indicating a potential slowdown has appeared on the 1-hour chart; although the MA7 is still upward, the divergence is too large, indicating a strong need for a pullback. If it breaks below 86.5, the short-term moving average support, a rapid decline will be triggered. There is insufficient buying interest at high levels, and the high proportion of open long contracts increases the risk of profit-taking and a potential sell-off.

Trading suggestion: Light long positions above 90, with target levels sequentially at 86-80-75.$BTC
BTC4,25%
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