$SOL
SOL is up/down 0.009% today—rounded, that’s basically unchanged.
But there’s more going on beneath the surface of the candlesticks: the 4-hour figures are 106.13, 107.35, 107.50, 106.78, and 107.78. The lows have risen from 106.13 to 106.78, and the center of gravity is gradually moving up. The current price is 107.97, at 69% of the range, which spans 105.58–109.01. Trading volume is 1.6 billion U, down 40% from the previous period, so the price is climbing on shrinking volume.
A slow rise on declining volume may not go far, but it’s also not easy to knock down—it’s the kind of market that wears you down. 109.01 is the threshold for this move; only a breakout would point to an acceleration. 105.58 is the starting point of the rising-base structure; if that level breaks, the structure no longer holds.
SOL is up/down 0.009% today—rounded, that’s basically unchanged.
But there’s more going on beneath the surface of the candlesticks: the 4-hour figures are 106.13, 107.35, 107.50, 106.78, and 107.78. The lows have risen from 106.13 to 106.78, and the center of gravity is gradually moving up. The current price is 107.97, at 69% of the range, which spans 105.58–109.01. Trading volume is 1.6 billion U, down 40% from the previous period, so the price is climbing on shrinking volume.
A slow rise on declining volume may not go far, but it’s also not easy to knock down—it’s the kind of market that wears you down. 109.01 is the threshold for this move; only a breakout would point to an acceleration. 105.58 is the starting point of the rising-base structure; if that level breaks, the structure no longer holds.