$SOL needs to wait for a rise
1. Short term (1-3 days)
- There is a high probability of a technical rebound, with the target possibly testing the resistance levels of the 4-hour MA7 (82.45) or MA25 (85.45).
- However, this is more like a "breather after a drop" rather than a trend reversal.
2. Medium term (1-2 weeks)
- Whether it can truly rise depends on two key conditions:
1. Volume support: There must be sustained increased trading volume during the rebound; otherwise, it will just be a trap for the bulls.
2. Breakthrough of key resistance: It must effectively break through the daily MA5 and MA10 moving averages and maintain above 85-90 USDT.
- If these two conditions are not met, there is a high probability that after the rebound, it will continue to decline, possibly testing a new low of 67.50.
1. Short term (1-3 days)
- There is a high probability of a technical rebound, with the target possibly testing the resistance levels of the 4-hour MA7 (82.45) or MA25 (85.45).
- However, this is more like a "breather after a drop" rather than a trend reversal.
2. Medium term (1-2 weeks)
- Whether it can truly rise depends on two key conditions:
1. Volume support: There must be sustained increased trading volume during the rebound; otherwise, it will just be a trap for the bulls.
2. Breakthrough of key resistance: It must effectively break through the daily MA5 and MA10 moving averages and maintain above 85-90 USDT.
- If these two conditions are not met, there is a high probability that after the rebound, it will continue to decline, possibly testing a new low of 67.50.
