SOL faced significant pressure below 224.98 in the evening, with upward momentum temporarily suppressed; what needs attention is that during the price decline, a phase of capital exchange was completed near 217.20, showing a clear contest between bulls and bears. The current market presents a pattern of oscillation and consolidation, and based on the daily market behavior, it is highly likely to continue the range-bound fluctuation rhythm.
On the operational level, focus on the support range of 218.32-217.20 below. If effective support is obtained in this area, consider positioning for long orders; the upper target initially looks at the key resistance level of 224.98. Once effective breakout is achieved, further targets can be set around the resistance of 227-230 near #SOL .
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10.8 evening
SOL faced significant pressure below 224.98 in the evening, with upward momentum temporarily suppressed; what needs attention is that during the price decline, a phase of capital exchange was completed near 217.20, showing a clear contest between bulls and bears. The current market presents a pattern of oscillation and consolidation, and based on the daily market behavior, it is highly likely to continue the range-bound fluctuation rhythm.
On the operational level, focus on the support range of 218.32-217.20 below. If effective support is obtained in this area, consider positioning for long orders; the upper target initially looks at the key resistance level of 224.98. Once effective breakout is achieved, further targets can be set around the resistance of 227-230 near #SOL .