SOL Afternoon Analysis In terms of trading, short-term traders can lightly short in the 84.8–84.9 range, targeting 84.0–84.2. The current market is oscillating near 85 at a high level, with bullish upward momentum clearly weakening, and MACD turning green simultaneously, signaling a short-term pullback. Although the overall moving average structure has not deteriorated, the current risk-reward ratio for chasing longs is extremely low, so do not blindly follow the trend. For those with lower risk appetite, it is recommended to stay on the sidelines for now and consider making moves after the price stabilizes following a pullback.

$SOL This wave of movement surged higher but failed to stabilize; after touching around $88, it faced resistance and pulled back, unable to hold the high, currently consolidating in the $82-$85 range. Short-term resistance is clearly visible: $85.5 is the first resistance level, with $86.8 and $88 still being key resistance points. For the market to regain strength, it must effectively break and hold above $88. Support below remains effective; the support at the $82.5-$83 range still holds. If the bulls can firmly defend this level, there is still a possibility of another rebound. Risk warning: Once the $83 support is effectively broken, the downside space will open up completely, with the price potentially dropping to $80 and $75 levels. Summary: The current market is in a tug-of-war between bulls and bears, with an unclear direction. Resistance above suggests caution against a pullback, while support below remains intact, leaving room for a rebound. Trading should mainly wait and see for a clear trend.