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11.4 Morning Analysis【$SOL 】
Recently, the market has shown initial signs of stabilization at low levels, specifically manifested in the price stopping its decline accompanied by a moderate increase in trading volume, indicating that the selling pressure in the market has eased and buying forces are gradually starting to intervene.
From a technical perspective, the 164 level has become an important short-term dividing line for bulls and bears. If the price can effectively stabilize at this level, it can be seen as a clear signal to go long.
The first target is the integer level of 170, which is an important resistance level in the early stages.
The second target is around 189. If the subsequent trading volume can continue to match effectively, the price is expected to move towards.