On the 4-hour level, price retraces to the Bollinger Band middle track or finds support below. MACD indicator maintains a golden cross, confirming the mid-term uptrend remains intact.
Price stabilizes above the previous rebound high point. After breaking through, if pullback does not break below, it signals trend continuation.
SOL Trading Suggestions: On pullback near 134-130, targets above 141-150 area.
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January 8 SOL Market Outlook
On the 4-hour level, price retraces to the Bollinger Band middle track or finds support below. MACD indicator maintains a golden cross, confirming the mid-term uptrend remains intact.
Price stabilizes above the previous rebound high point. After breaking through, if pullback does not break below, it signals trend continuation.
SOL Trading Suggestions: On pullback near 134-130, targets above 141-150 area.