November 10

Good morning everyone
Sol is currently around 163.5. From the current 1-hour K-line and indicators, it shows a relatively strong short-term trend but faces pressure, with a high probability of oscillating consolidation. It is located near the upper band of the Bollinger Bands, in the upper-middle band range, and is in a bullish zone in the short term, but there is significant resistance near the upper band.
The K value (69.18) in the KDJ indicator is approaching the overbought zone, and the J value has turned down, indicating a slowdown in short-term upward momentum.
The MACD is in a golden cross state, but the red bars are shortening, indicating a marginal weakening of bullish strength.
Combining the current trend and indicators, there is a high probability of short-term fluctuations in the range of 161.5-166.5: if it breaks through and stabilizes above 166.5, it may extend towards 168-172; if it falls below 161.5, further risks of a decline to 158-155 should be taken into account. #sol