Analyzing the one-hour Candlestick Chart of SOL, it is found that the Trading Volume is shrinking, while the three lines of the KDJ indicator are all showing a downward trend. These technical indicators suggest that SOL may soon face a short-term pullback.



However, this does not mean that the long-term trend has changed. If SOL can hold steady at the support levels around $207 or $201, we may see a new wave of upward movement. Investors should closely monitor these two key price levels, as they may become the starting point for a pullback.

Looking ahead, if SOL manages to stabilize and regain its upward momentum, the next target price may be $237, followed by $250. These two levels represent potential resistance points, and breaking through them could trigger stronger upward momentum.

It is worth noting that the cryptocurrency market is highly volatile, and investors should consider multiple factors before making any decisions, while always maintaining risk awareness.
SOL4.92%
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LiquidityOraclevip
· 8h ago
It's another fall, everyone needs to stay steady.
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TokenTaxonomistvip
· 8h ago
statistically speaking, this sol pattern is textbook fibonacci retracement
Reply0
ForkTonguevip
· 8h ago
Pro looks so tired analyzing the K-line, just go for it.
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DefiOldTrickstervip
· 8h ago
The bullish pros are all going for naked longs. I have locked up all my positions and am ready to rug pull.
View OriginalReply0
FUDwatchervip
· 8h ago
BTC does not rise, SOL will pull back sooner or later.
View OriginalReply0
BridgeJumpervip
· 9h ago
Don't rush to be bearish, it's all good.
View OriginalReply0
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