SOL price has started from a low level and continues to rebound. On the 4-hour chart, a clear upward trend has formed. Recently, it surged to 148, then slightly pulled back to 145, which is a normal correction within the trend and has not disrupted the overall upward momentum. It remains above the middle band of the Bollinger Bands, which provides strong support. The upper band is opening upwards, indicating that the short-term upward channel has not closed, and there is still room for a rally.
SOL Trading Suggestions: Pullback to around 142-137, with an outlook to target 151-160.
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SOL Market Outlook
SOL price has started from a low level and continues to rebound. On the 4-hour chart, a clear upward trend has formed. Recently, it surged to 148, then slightly pulled back to 145, which is a normal correction within the trend and has not disrupted the overall upward momentum.
It remains above the middle band of the Bollinger Bands, which provides strong support. The upper band is opening upwards, indicating that the short-term upward channel has not closed, and there is still room for a rally.
SOL Trading Suggestions: Pullback to around 142-137, with an outlook to target 151-160.