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SOL Midday Analysis
The current price is trading below the middle band of the Bollinger Bands; the middle band has turned into resistance, and the short-term trend is weak, trending sideways.
Resistance levels: 85.62, 86.53
Support levels: 84.71, 84.40
Key takeaways:
If the rebound cannot hold above 85.62, it will most likely continue to probe support;
Only if it holds above 85.62 with increased volume will there be a chance to return to a stronger sideways trend.
Recommendations:
Short position: Enter on a rebound in the 85.50–85.80 range under pressure, stop at 86.00, target 84.80→84.40
Long position: Enter on a pullback in the 84.60–84.80 range after stabilization, stop at 84.30, target 85.50→86.30
⚠ The trend is weak—prioritize short positions; for “long” entries, only do quick in-and-out trades, and be sure to use the stop loss at 84.30.$SOL #WCTC交易赛瓜分800万USDT