Popular altcoin SOL bulls and bears are accurate again with the latest trend analysis

SOL Technical Analysis—The support and resistance levels outlined above are accurate. Support at 232-230 led to a rebound at 231, while resistance at 238 led to a pullback at 239, leaving more than 24 points of room for both bulls and bears. On the daily chart, the market rebounded near the 7-day moving average and closed positive. It is currently testing resistance near the previous high. The Bollinger Bands are open, with the moving average trending upward. The MACD fast and slow lines are extending upward, with volume shrinking. The KDJ has crossed upward again. The four-hour chart shows a series of consecutive positive days breaking through the upper Bollinger Bands, with the moving average turning upward. The MACD fast and slow lines are forming a crossover above the 0 axis, with increasing volume. The market is currently bullish, with institutional investors primarily targeting short-term buy orders on pullbacks. If the previous high resistance can be broken, the next resistance level is around 265. Therefore, the first resistance level in the short term is 252, the second resistance level is 265, the first support level is 241, and the second support level is 236. For more currency analysis, click on the image to view the homepage introduction. —I am Zhou Yueying, a teacher specializing in technical analysis. If you have any questions about operations or trends, please feel free to discuss and learn with me! Communicate together and benefit together.