SOL



Yesterday's sharp decline was in line with expectations, with the low of 88.5 perfectly realized.
After the decline, there was a slight rebound and correction, currently oscillating around the 90 region.
On the 4-hour chart, consecutive declines retrace some of the earlier weakness.
Currently there is slight support in the lower track region.
In the attached chart, after MACD double lines consolidation, they turn downward forming a death cross.
There are indications of further extension.
On the hourly chart, after the 88.5 support, continuous small positive candles are moving upward.
The rebound momentum is weak, lacking conviction.
Short-term resistance focus on the 92-94 region.
If unable to break through, can short in this region.
Downside target: 88-84 range.
SOL-4,51%
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