From the 1-hour Candlestick Chart of SOL: the price has dropped from 223.91, dipped to 212.28, and then rebounded, currently oscillating around 219.87. The upper pressure to follow is in the range of 220 - 223.91, while the lower support to follow is 212.28 and around 215.
Short-term momentum: During the rebound process, the Candlestick shows a recovery trend, but it is necessary to observe whether it can effectively break through the key resistance level of 220. If it breaks through, the upward momentum may continue; if it faces pressure and falls back, one should be wary of the possibility of dipping again to the support at 212.28. $BTC $ETH $SOL
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From the 1-hour Candlestick Chart of SOL: the price has dropped from 223.91, dipped to 212.28, and then rebounded, currently oscillating around 219.87. The upper pressure to follow is in the range of 220 - 223.91, while the lower support to follow is 212.28 and around 215.
Short-term momentum: During the rebound process, the Candlestick shows a recovery trend, but it is necessary to observe whether it can effectively break through the key resistance level of 220. If it breaks through, the upward momentum may continue; if it faces pressure and falls back, one should be wary of the possibility of dipping again to the support at 212.28.
$BTC $ETH $SOL