The price quickly dropped from the recent high of around 148 to 129.82, indicating an oversold condition after a sharp decline. Currently, the price at 133.58 is close to the lower Bollinger Band, which is usually an important short-term support level. Touching it often triggers a rebound.
SOL Trading Suggestion: Pullback around 132-126, with a bullish target of 138-145#加密市场回调
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SOL Market Outlook
The price quickly dropped from the recent high of around 148 to 129.82, indicating an oversold condition after a sharp decline.
Currently, the price at 133.58 is close to the lower Bollinger Band, which is usually an important short-term support level. Touching it often triggers a rebound.
SOL Trading Suggestion: Pullback around 132-126, with a bullish target of 138-145#加密市场回调