SOL is currently showing a significant lack of rebound strength. From the hourly chart perspective, the Bollinger Bands continue to open downwards, with the middle band and lower band moving down simultaneously, forming a clear downward guideline. Although there have been multiple attempts at rebounds during the session, the price has consistently failed to effectively break above the middle band resistance of the Bollinger Bands, indicating a severe lack of bullish momentum and difficulty in launching a strong counterattack.



In the daily chart structure, the signals of a weakening trend are clearer. The previous key support level has been effectively broken, and although there has been a recent rebound in the price of the currency, the trading volume has shown a gradual shrinking trend, forming a typical "volume-price divergence" phenomenon. This type of structure belongs to the "weak pullback" characteristic in technical analysis, indicating that the current rebound is merely a brief correction within the downtrend and not a signal of a trend reversal. Maintain high short operations.

It is recommended to place short positions in the range of 198-208 for SOL, with the downward targets sequentially looking towards the range of 188-178.

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