Recently, the market performance of SOL has been quite remarkable, with its strong pump successfully breaking through the double peak resistance level. However, the market is currently experiencing a normal pullback.
Earlier predictions suggested that SOL might experience a relatively slow consolidation period, mainly due to significant resistance on the left. This pullback is likely to test around 200 to seek support. Next, SOL is very likely to undergo a period of chip digestion between 200 and 210.
Looking ahead to the market in September, SOL is expected to follow the overall market trend. Once it breaks through the current range, it will face the task of challenging the left-side resistance. However, since SOL faces multiple resistance levels, more volatility may occur. Investors need to remain patient and wait for clearer breakout signals.
Overall, the trend of SOL shows a fluctuating upward trend, but the breakthrough process may take some time. Pay close attention to the performance in the 200-210 range, as it will provide important clues for judging the next move.
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Recently, the market performance of SOL has been quite remarkable, with its strong pump successfully breaking through the double peak resistance level. However, the market is currently experiencing a normal pullback.
Earlier predictions suggested that SOL might experience a relatively slow consolidation period, mainly due to significant resistance on the left. This pullback is likely to test around 200 to seek support. Next, SOL is very likely to undergo a period of chip digestion between 200 and 210.
Looking ahead to the market in September, SOL is expected to follow the overall market trend. Once it breaks through the current range, it will face the task of challenging the left-side resistance. However, since SOL faces multiple resistance levels, more volatility may occur. Investors need to remain patient and wait for clearer breakout signals.
Overall, the trend of SOL shows a fluctuating upward trend, but the breakthrough process may take some time. Pay close attention to the performance in the 200-210 range, as it will provide important clues for judging the next move.