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SOL Evening Analysis - March 23
Daily Chart: MA5/MA10/MA30 in a bearish arrangement, with the price continuously pressured below the moving averages. The 4-hour Bollinger Bands lower band is moving downward with the band opening downward, MACD has a death cross, indicating that the bearish momentum is not yet exhausted. The rebound lacks volume, selling pressure is heavy, and a hidden top divergence is confirming a mid-term downtrend.
Operation suggestion: Short around 86-88, target 82, 80
$BTC #加密行情震荡