From the 1-hour chart, SOL's price surged above 130 and then experienced a correction. Currently, the momentum appears to be weakening. Technical indicators show an initial bullish crossover in MAXD, and the MA weekly line provides strong support for the price. The overall sentiment for further upward movement remains strong.
Support can be found around 122-120, with a target of 127-130. $SOL
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12.30$SOL Midday Silk Road
From the 1-hour chart, SOL's price surged above 130 and then experienced a correction. Currently, the momentum appears to be weakening. Technical indicators show an initial bullish crossover in MAXD, and the MA weekly line provides strong support for the price. The overall sentiment for further upward movement remains strong.
Support can be found around 122-120, with a target of 127-130.
$SOL