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SOL Technical Analysis Overview


After touching the 155 level and bottoming out, a recovery trend has begun, with downward momentum fully converging. From a technical perspective, the MACD has turned positive with a golden cross, and the KDJ indicator is turning upward from high levels, indicating sustained bullish momentum; positive signals are also seen in the market funds, with short-term funds inflows exceeding 12 million on the 8-hour, 1-hour, and 15-minute charts. The price has been steadily rising with consecutive green candles, reaching a high of over 166 in a single day, a 5.19% increase!

Recommendation: Consider light positions on dips around 160-162, with initial targets of 168 and 170. If the key resistance is broken, it can be followed up towards 180.
SOL1.16%
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