Although the MACD maintains red bars, the momentum has shown signs of weakening. While it supports the short-term trend, the trading volume has not increased accordingly. Combining this with the 4-hour rhythm, we are currently in the pressure zone after rebounding from the previous lows. If it cannot break through the upper band, it may fall back to test the middle band support at 137.71.
SOL can rebound around 144-147, target 136, 130, if it breaks continue looking down to 120$SOL
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Although the MACD maintains red bars, the momentum has shown signs of weakening. While it supports the short-term trend, the trading volume has not increased accordingly. Combining this with the 4-hour rhythm, we are currently in the pressure zone after rebounding from the previous lows. If it cannot break through the upper band, it may fall back to test the middle band support at 137.71.
SOL can rebound around 144-147, target 136, 130, if it breaks continue looking down to 120$SOL