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SOL tracks the trend of major coins. It rallied overnight to the 86 area, then met resistance and stalled.
On the four-hour timeframe, after probing the low at the 76 area earlier, the market has been overall led by bulls—witnessing a round of sustained upward movement. During this period, although there were multiple pullbacks, they were all strongly pulled back by bullish forces (into the prevailing trend); the trend structure is clear.
Currently, the short-term price is already at a high level, so for today priority is to look for a short-term pullback for correction and repair.
Trading reference: place short orders in batches in the 86-87 area; the downside targets to watch are the 82-80 support zone. If the price reaches the target zone and the sell-off does not extend, you can reverse and go long.#SOL